Kristian Heugh, portfolio manager of the Morgan Stanley Institutional Fund International Opportunity Portfolio, was recently profiled in a Barron’s article entitled Taking Buffett Overseas.
The Barron’s article focuses on Heugh and his Warren Buffett-based approach to investing, highlighting the outstanding performance of the International Opportunity Portfolio, which has beaten 98% of its Morningstar Foreign Large Growth peers over the past five years for Class A shares as of December 31, 2018.
Barron’s also notes that while the International Opportunity Portfolio generated a 9.3% five-year annualize return, compared to 2.1% to its peers, that performance was delivered with compelling upside and downside capture ratios of 122% and 64% respectively.* Or as Barron’s put it “Heugh has been successful at playing defense.”
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*Performance data is for Class A shares as of 1/8/2019.
The views and opinions are those of Barron’s and Kristian Heugh as of the date of publication and are subject to change at any time due to market or economic conditions and may not necessarily come to pass. Furthermore, the views will not be updated or otherwise revised to reflect information that subsequently becomes available or circumstances existing, or changes occurring, after the date of publication. The views expressed do not reflect the opinions of all portfolio managers at Morgan Stanley Investment Management (MSIM) or the views of the Firm as a whole, and may not be reflected in all the strategies and products that the Firm offers.
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Information, including performance, herein are provided by Barron’s and no representation or warranty can be given with respect to the accuracy or completeness of the information. Past performance is not indicative of future results.
The article is being provided by Morgan Stanley Investment Management to highlight recent press concerning Kristian Heugh of the Counterpoint Global Team and its Portfolios. This is not an offer or a solicitation of an offer for any of the other funds mentioned in the article.
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