Driehaus Emerging Markets Small Cap Equity Strategy Q1 20...
2026-04-30·via All Articles on Seeking Alpha
Summary
The Driehaus Emerging Markets Small Cap Equity Strategy gained 6.38% in the first quarter of 2026, outperforming the MSCI Emerging Markets Small Cap Index by 712 basis points, as the Index returned -0.74%.
Stock selection was the primary driver of outperformance, with the largest contributions coming from Industrials and Technology, alongside positive results from Energy and Materials.
From a country standpoint, Taiwan, India, and Argentina were the largest contributors, while China, Saudi Arabia, and the United Arab Emirates were the largest detractors.
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Market Overview
The first quarter of 2026 saw a resurgence in global market volatility, as conflict in the Middle East drove a sharp rise in energy prices. At the same time, questions around artificial intelligence (AI) disruption of the software
