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).
News
November 17, 2020
In honor of Oakmark International Small Cap’s 25th anniversary, Portfolio Manager Michael Manelli reflects on the Fund’s history.
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: Second Calendar Quarter 2023
June 30, 2023
A top contributor to the Fund’s performance was a German multinational automobile manufacturer, while a Chinese multinational technology company was a top detractor.
Oakmark International Small Cap Fund: Second Calendar Quarter 2023
June 30, 2023
A top contributor to the Fund’s performance was a German software and services technology company, while a Swedish media and entertainment company was a top detractor.
Oakmark International Fund: First Calendar Quarter 2023
March 31, 2023
A German tire and automotive component manufacturer was a top contributor to the Fund’s quarterly performance, while a Swiss mining firm was a top detractor.