Diranko Capital’s Q3 2026 Investor Letter

Diranko Capital, an independent investment management firm, released its Q3 2026 investor letter. In the quarter, Diranko Capital achieved a 2.2% after-fee return, matching the MSCI ACWI and outperforming the MSCI World Small Cap (-2.9%). Since inception, the firm has delivered a 14.7% annualized after-fee return, exceeding both benchmark indices (9.0% and 13.2%). Despite skepticism regarding broader market valuations amid rising interest rates, the firm finds opportunities in the...