Wasatch Global Investors Small Cap Growth Strategy’s Q2 2024 Investor Letter

Wasatch Global Investors, an asset management company, released its “Wasatch Small Cap Growth Strategy” second-quarter 2024 investor letter. Small-cap stocks experienced most of gains in 2023 and the first quarter of 2024, with names linked to the advancement of artificial intelligence (AI) leading the market. However, most equities fell in the second quarter of 2024, even while those who benefited from AI remained strong. Small-cap benchmarks consequently showed negative returns for the period. During the quarter, the Wasatch Small Cap Growth strategy declined and underperformed the benchmark Russell 2000® Growth Index, which fell -2.92%. In addition, please check the fund’s top five holdings to know its best picks in 2024.

A copy of Wasatch Global Investors Small Cap Growth Strategy’s Q2 2024 investor letter can be downloaded here.