Wasatch Global Investors, an asset management company, released its “Wasatch Long/Short Alpha Fund” fourth-quarter 2024 investor letter. US small and mid-caps experienced modest gains in Q4, driven by presidential election and anticipated economic growth and less regulation. However, markets fell in December as the Federal Reserve hinted that it could have to maintain interest rates higher in 2025 than investors had first anticipated. In this case, the fund fell -8.28% and trailed the benchmark Russell 2500™ Index, which returned 0.62%. In addition, please check the fund’s top five...
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