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Cambiar Investors - International Market Commentary Second Quarter 2013

Posted by WrapManager's Investment Policy Committee
August 9, 2013

Cambiar Investors' latest commentary reviews the international and emerging markets, along with the performance of their two international investment strategies.

"Despite impressive annualized gains over the past three years, global equities have largely taken a backseat to their fixed income counterparts. Within equities, the U.S. has been the top-performing market, while austerity and slow growth have been headwinds for Europe, and Emerging Markets remain volatile. The Cambiar International Equity and Global Select portfolios continue to seek balance and broad diversification, while maintaining a degree of nimbleness to 'flex' the portfolio if a given sector/region becomes particularly attractive."

 

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