Langdon Global Smaller Companies Strategy’s Q2 2026 Investor Letter

Langdon Partners‘ Q2 2026 investor letter for the Langdon Global Smaller Companies Strategy revealed a 9.4% return, lagging behind the MSCI World Small Cap Net Index’s 17.0% gain, with a year-to-date return of -10.7% versus the index’s 35.3%. Despite the improvement, the seven-percentage point lag behind the benchmark is considered disappointing, and year-to-date performance is still below long-term expectations. The market sends signals through share prices, where rising prices indicate...