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

Mike Manelli- Portfolio Manager- Headshot

Michael L. Manelli, CFA

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).

Commentary

Oakmark International Fund: First Quarter 2020

March 31, 2020

The market volatility provided an opportunity to add two new holdings to the Fund this quarter: a global life and health insurance provider headquartered in the U.K. along with a company that is one...

Oakmark International Small Cap Fund: First Quarter 2020

March 31, 2020

We used the market volatility to add three new holdings to the Fund this quarter: a Chinese-company that owns and operates luxury hotels and casino resorts; a Swiss-based provider of mechanical and electronic security...

Oakmark International Fund: Fourth Quarter 2019

December 31, 2019

The Fund’s top contributor this quarter was an ultra-low-cost air carrier headquartered in Ireland, while the largest detractor was an advertising and media services company based in France.

News + Insights

OAKIX - Oakmark International Fund

News

Oakmark International Fund named to the 2020 Kiplinger 25

January 15, 2020

Oakmark International is included in the annual Kiplinger 25 list of their favorite no-load mutual funds.

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.