Mar Vista Investment Partners, LLC, an investment management company, released the “Global Strategy” third quarter 2024 investor letter. The quarter marked another robust period for the U.S. and international stock markets. Utilities, real estate, industrials, and financials sectors outperformed the technology sector in the quarter. In the third quarter, the strategy returned +7.23% net-of-fees compared to +6.36% and +6.61% returns for the MSCI World Net Index and the MSCI All Country World Net Index. The global market is entering an easing cycle, with interest rates not exceeding...
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