Artisan Partners, an investment management company, released its “Artisan Global Discovery Fund” second quarter 2024 investor letter. In the second quarter, the fund’s Investor Class APFDX returned -2.99%, Advisor Class APDDX posted a return of -2.98% and Institutional Class APHDX returned -2.91%, compared to a -2.06% return for the MSCI All Country World Small Mid Index. Negative security selection, which concentrated on the consumer staples and industrials sectors, led the portfolio to underperform in the quarter, this was partially offset by outperformance within information...
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