Wasatch Long/Short Alpha Fund’s Q2 2026 Investor Letter

Wasatch Global Investors, an asset management company, released its “Long/Short Alpha Fund” Q2 2026 investor letter. Small- and mid-cap growth stocks posted significant gains in Q2, led primarily by AI-related companies. The Russell 250 Index rose 20.26%, while the Wasatch Long/Short Alpha Fund—Investor Class increased by 8.29%. However, the fund faced challenges due to the outperformance of lower-quality companies, which negatively impacted its long positions. Despite trailing the...