Renaissance Investment Management International Small Cap Strategy’s Q4 2024 Investor Letter

Renaissance Investment Management, an investment management company, released its Q4 2024 “International Small Cap Strategy” investor letter. In 2024, international equities experienced a second consecutive year of growth but underperformed their U.S. counterparts due to weak economic growth, political turmoil, tariff threats, and a strong U.S. dollar. The portfolio generated negative returns in the fourth quarter but outperformed the benchmark. For more information on the fund’s best picks in 2024, please check its top five holdings.

A copy of Renaissance Investment Management International Small Cap Strategy’s Q4 2024 investor letter can be downloaded here.