Innovation Engine Drives SharkNinja’s (SN) Sustainable Advantage

Spheria Asset Management, an investment management company, released its Q2 2026 investor letter for “Spheria Global Opportunities Fund”. The letter can be downloaded here. In June 2026, the Fund returned +4.7%, underperforming the MSCI World Small Cap Accumulation Index’s 5.5% return. In the quarter, the fund returned 5.7% vs. 13.7% for the benchmark. Global equity markets were strong, with the MSCI World Index up 30% and the MSCI Small Cap Index up 23% over the year. Technology,...