TimesSquare Capital Management U.S. Focus Growth Strategy’s Q2 2025 Investor Letter

TimesSquare Capital Management, an equity investment management company, released its “U.S. Focus Growth Strategy” second-quarter 2025 investor letter. In the second quarter, equities saw double-digit returns as global economic activity expanded. Growth indexes outperformed the value counterparts in the quarter. The global risk factors like Beta, Momentum, and Residual Volatility were highly rewarded, while Earnings Quality, Value, and Growth were detracted. Further, in U.S. small and mid-cap growth indexes, better returns came from stocks with either high valuations, negative...