Global Value Fund Commentary | 4Q 2020
News of multiple COVID-19 vaccines showing high efficacy and receiving emergency regulatory approval was the main driving force behind global stock market gains in the fourth quarter.
Global Value Fund Commentary | 3Q 2020
Following a strong second quarter, global markets again generally posted solid gains in the third quarter, with U.S. and Asian markets outperforming their European and U.K. counterparts.
Global Value Fund Commentary | 2Q 2020
Global markets generally posted solid returns in the second quarter, as economic stimulus plans, easing of COVID-19 lockdowns, and early signs of economic recovery fueled investor optimism.
Global Value Fund Commentary | 1Q 2020
The novel coronavirus (“COVID-19”) has had a devastating impact across the globe affecting just about every aspect of life – health, economic and social.
Global Value Fund Commentary | 1Q 2017
The first quarter of 2017 was a solid start to the year for the Evermore Global Value Fund and generally for U.S. and global markets as well…..
Global Value Fund Commentary | 4Q 2016
The U.S. presidential election and Donald Trump’s surprise victory dominated the news in the fourth quarter. After some initial volatility, the global markets responded positively toward the election results and the Fund posted another quarter of strong gains….
Global Value Fund Commentary | 3Q 2016
After investors had time to digest the Brexit vote and come to the realization that the exit from the European Union (“EU”) would neither be quick nor have dire consequences on global markets, markets calmed and attention moved to the U.S. presidential election, which provided summer entertainment to billions across the globe. Despite the Brexit and election spectacle…
Global Value Fund Commentary | 2Q 2016
After a few months of relative calm in the global markets, volatility surged back at the end of the second quarter after UK citizens somewhat surprisingly voted to exit the European Union (“EU”). Much like the panic and stress during the first seven weeks of the year, the first few days following the so-called “Brexit” wreaked havoc on global markets.…
Global Value Fund Commentary | 1Q 2016
Dear Shareholder, The first seven weeks of the New Year was one of the most volatile periods of stock market activity we have seen since 2008…
Global Value Fund Commentary | 4Q 2015
Dear Shareholder, Global markets experienced markedly less volatility during the fourth quarter as compared to Q3 and posted solid gains, despite two major terrorist attacks that shook the world….
Global Value Fund Commentary | 3Q 2015
Dear Shareholder, Markets were extremely volatile and down significantly during the third quarter, mainly as a result of concerns about China’s…
Global Value Fund Commentary | 2Q 2015
Dear Shareholder, The Evermore Global Value Fund (the “Fund”) registered a small positive return for quarter, despite the extremely uncertain environment…