The Oakmark Funds are advised by Harris Associates L.P. an autonomous subsidiary of Natixis Investment Managers, L.P.

Learn more about the principles and philosophy behind our funds at HarrisAssoc.com.

Harris Associates

111 South Wacker Drive, Suite 4600
Chicago, Illinois 60606
312-646-3600

David Herro- Portfolio Manager- Headshot

David G. Herro, CFA

Partner and CIO-International Equity

David Herro has been a manager of the Oakmark International Fund since 1992, the Oakmark International Small Cap Fund since 1995, the Oakmark Global Select Fund since 2006 and the Oakmark Global Fund since 2016. He is also the chief investment officer for international equities at Harris Associates, which he joined in 1992, and a vice president of the Oakmark Funds.

His career honors include being named Morningstar’s International Stock Fund Manager of the Year in 2006, International Stock Fund Manager of the Decade for 2000-09 and International Stock Fund Manager of the Year in 2016.

Mr. Herro has an M.A. in economics from the University of Wisconsin-Milwaukee (1985) and a B.S. in business/economics from the University of Wisconsin-Platteville (1983).

Commentary

David Herro Market Commentary | 1Q20

March 31, 2020

Since the beginning of this volatile market situation, we have been busy focusing on three things: staying up to date on business values, keeping the portfolio “forward” positioned and seeking new investment opportunities.

Oakmark Global Fund: First Quarter 2020

March 31, 2020

We have no ability to predict the pandemic’s end, but we firmly believe that this, too, will pass and the turbulent market it is creating—and will continue to create—will generate compelling opportunities for long-term...

Oakmark Global Select Fund: First Quarter 2020

March 31, 2020

The market volatility provided an opportunity to add two new holdings to the Fund this quarter: a provider of online travel services that is based in the U.S. and a Southern Korean search engine...

News + Insights

David Herro on CNBC

News

David Herro on CNBC’s “Closing Bell” (05.13.20)

May 13, 2020

Portfolio Manager David Herro discussed why he is finding value in European equities on CNBC’s “Closing Bell.”

David Herro- Portfolio Manager- Featured on Bloomberg Headshot

News

David Herro on Bloomberg (04.28.20)

April 28, 2020

Portfolio Manager David Herro appeared on Bloomberg’s “The Open” to share where he sees opportunity for long-term, patient investors.

David Herro on CNBC

News

David Herro on CNBC’s “Squawk on the Street” (04.24.20)

April 24, 2020

Portfolio Manager David Herro talked about the importance of looking at a company’s balance sheet and cash flow generation when investing on CNBC’s “Squawk...

We do value investing differently

At Oakmark, we don’t have an opinion about how equities will perform this year, if a recession will start or if the political parties will produce pro-growth candidates for 2020. As long-term investors, we don’t think it matters.