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.
Partner and Portfolio Manager
Mike Manelli has been a manager of the Oakmark International Small Cap Fund since 2011 and the Oakmark International Fund since 2016.
He is also an investment analyst on the international research team at Harris Associates, which he joined in 2005 after working as a research associate/analyst at Morgan Stanley, and is a vice president of the Oakmark Funds.
Mr. Manelli received a B.B.A. degree in finance from the University of Iowa (2000).
Insights
July 16, 2024
David Herro and Michael Manelli discuss potential catalysts for international stocks in the coming months and opportunities in the small cap value space.
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 during the next election cycle. As long-term investors, we don’t think it matters.
Commentary
Oakmark International Fund: Third Calendar Quarter 2024
September 30, 2024
This quarter, a China-headquartered consumer discretionary company was the top contributor, while a France-headquartered luxury goods company was the top detractor.
Oakmark International Small Cap Fund: Third Calendar Quarter 2024
September 30, 2024
This quarter, a U.K. wealth manager was the top contributor, while a Mexico-headquartered cable company was the top detractor.
Oakmark International Fund: Second Calendar Quarter 2024
June 30, 2024
This quarter, a Netherlands-based global consumer internet group contributed to performance, while a U.S.-based manufacturer was a detractor.