Harding Loevner, an asset management company, released its “Global Developed Markets Equity Strategy” fourth-quarter 2024 investor letter. International stock markets concluded the last quarter of 2024 on a negative note, although US stocks significantly surpassed the rest of the world, during the year and the quarter. The fund declined by -0.99% gross of fee in the fourth quarter compared to a -0.07% decline in the MSCI World Index. For the full year, the strategy rose 15.2%, lagging the benchmark’s 19.2% gain. In addition, please check the fund’s top five holdings to know its...
Create a free account, or log in to read the full article
No credit card required.
We may use your email to send marketing emails about our services. Click here to read our privacy policy.