Artisan Partners Developing World Fund’s Q3 2024 Investor Letter

Artisan Partners, an investment management company, released its “Artisan Developing World Fund” third quarter 2024 investor letter. In the third quarter, the fund (Investor Class) returned 9.64% compared to 8.72% for the MSCI Emerging Markets Index. The Artisan Developing World Fund has returned 149.38% cumulatively, since June 30, 2015, compared to 50.92% for the index. During the quarter, the US labor market’s weakness interrupted the steady year-over-year inflation rate improvement, which paved the way for a 50bps interest rate cut from the Federal Reserve at its September policy meeting. In addition, please check the fund’s top five holdings to know its best picks in 2024.

A copy of Artisan Partners Developing World Fund’s Q3 2024 investor letter can be downloaded here.