Global Equity

Quarterly Letter


The Altrinsic Global Equity portfolio gained 4.3% during the quarter, outperforming the 2.3% gain by the MSCI World and MSCI All Country World indices as measured in U.S. dollars.  Strong absolute and relative performance was led by our Japanese holdings. A combination of company-specific initiatives along with Prime Minister Abe’s aggressive macroeconomic policies boosted profits and share prices.