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Cambiar Investors International Equity First Quarter Commentary

Posted by WrapManager's Investment Policy Committee
May 13, 2014

International money manager Cambiar Investors reviews the past quarter, as well as the performance of their International Equity ADR and Global Select money manager strategies.

“Aggregate global equities posted modest gains in the first quarter – a moral victory of sorts, given the broad sell-off in stocks that occurred in January. Buyers stepped in toward the end of the quarter, and many indices needed the last week of March to get back into the black. Stocks remained resilient during the quarter, despite ongoing concerns about Emerging Markets, valuation concerns in the U.S., and the increasing political uncertainty via Russia and their activities in the Ukraine.”

 

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