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Madison International Stock Fund Q4 2024 Investment Strategy Letter

Source: SeekingAlpha

2025-02-20 14:06:00 ET

Summary

  • The Madison International Stock Fund outperformed the MSCI ACWI ex-US index in the final quarter of 2024.
  • Stock positioning began to align with the anticipated effect that Trump’s policies and cabinet nominations will have on industries and economies.
  • From a currency perspective, we have already witnessed a relative strengthening of the U.S. dollar.

Market Overview

After several quarters of positive performance, the MSCI ACWI ex-US index declined 7.6% in the fourth quarter. All regions declined, with Europe and Emerging Markets dropping the most, and all sectors declined, especially Materials and Health Care....

Read the full article on Seeking Alpha

For further details see:

Madison International Stock Fund Q4 2024 Investment Strategy Letter
Lasertec Corporation

NASDAQ: LSRCF

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