Global Equity Commentary | Q1 2022

Quarterly Letter

The Altrinsic Global Equity portfolio declined 0.1% during the first quarter, outperforming the MSCI World Index’s 5.2% decline, as measured in US dollars.   Just as most nations began lifting COVID-related restrictions and returning to normal, tensions intensified amidst surging inflationary pressures, tightening policy measures in the US,  lockdowns in China, and Russia's invasion of Ukraine.