Pzena Emerging Markets Select Value Q1 2026 Commentary
The Pzena Emerging Markets Select Value portfolio showed positive performance in Q1 2026, outperforming major indices. Key sectors contributing to this growth included consumer staples, information technology, and energy. However, the overall emerging market equities experienced a flat trend during the quarter due to market pullbacks in March.
- ▪The Emerging Markets Select Value portfolio rose during the quarter.
- ▪It outperformed both the MSCI Emerging Markets Index and MSCI Emerging Markets Value Index.
- ▪Consumer staples, information technology, and energy were the largest contributing sectors.
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