Quarterly Letter: Q3 2024
When you combine solid US aggregate growth, falling interest rates, and reasonable equity valuations (after adjusting for several distortions), it makes global equities fertile ground for investment opportunities. And yet markets have experienced some volatility of late.
Update from the PMs – October 2024
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Despite the upcoming US election’s significance, Montaka believes it will have minimal impact on stock prices. Additionally, MFF Capital Investments’ acquisition of Montaka will provide greater resources and ensure the continuity of Montaka’s investment strategies and team.
MFF Capital Investments announces intention to acquire Montaka
The acquisition aims to combine the strengths of both companies while preserving Montaka’s independent operations and team structure, offering enhanced resources and long-term stability for investors.
Update from the PMs – September 2024
Why Today’s Market is Full of Opportunities – Explore the current global investing landscape with insights on inflation, interest rates, and market volatility. Discover why valuations are attractive and how innovative companies like Meta and Amazon are undervalued.
Update from the PMs – August 2024
Pundits have offered lots of possible reasons for the recent stock price declines. From new recession fears in the US, to heightened geopolitical risks in the Middle East, to fears that AI has been overhyped and will fail to deliver on elevated expectations.
Quarterly Letter: Q2 2024
Over the past 18 months, the market has been on a tremendous run and our performance has been outstanding. Investors worry if the market has risen too fast too soon; if it’s too concentrated; and if the portfolio still offers excellent value. Get answers to all this and much more in our Q2 2024 update.
Update from the PMs – July 2024
Stock market investors could be forgiven for feeling a sense of déjà vu. It looks a lot like this time last year when the market had advanced 16% in the first six months of 2023 – its best first semester since before the pandemic – and was quickly closing in on a new all-time high.
Update from the PMs – June 2024
The month of May was a little more eventful than usual – Global equity and bond markets experienced some volatility, primarily led by the off-again/on-again fears of sticky inflation and higher interest rates.
Update from the PMs – May 2024
Despite recent market turbulence, Montaka’s portfolio companies have reported excellent earnings. Our strategy approach allows us to overlook short-term market fluctuations and stay confident in our investments’ long-term potential.
Quarterly Letter: Q1 2024
Our strong performance continued into Q1 2024, supported by resilient US economic data and promising growth in key sectors, particularly technology and finance. With strategic additions to our portfolio, including AMD and Kyndryl Holdings, we remain optimistic about substantial long-term growth opportunities, as we navigate the unpredictable US political landscape.
