Unsubscribe

Confirm you would like to unsubscribe from this list

You have unsaved changes on the page. Would you like to save them?

Remove strategy

Confirm you would like to remove this strategy from your list
Give Us a Call

Fund Operations
800.847.0200

FIND ANOTHER CONTACT
A set of Olympic medals sit on a table.
International Equities

The Analogy of the Olympics and International Investing

Brian Burrell, CFA
Portfolio Manager and Managing Director
12 Aug 2024
2 min watch

Thornburg Portfolio Manager Brian Burrell draws a parallel between the Olympics and portfolio investing.

Read Transcript
The Analogy of the Olympics and International Investing

The 2024 Olympic Games recently kicked off in Paris. I think the diversity of medal winners is an analog to international stock investing. In fact, 93 countries were awarded medals at the 2020 Olympic Games. The United States brought home the most medals in 2020 with a total of 113 in six different categories. In 27 other categories, 15 different countries brought home more medals than the US.

The dispersion of Olympic medals can look a lot like a well-diversified stock portfolio.
At the end of the second quarter of 2024 72% of the MSCI World Index was composed of us companies That may be too U.S.-heavy. We feel the composition of global market winners could look a lot more like the Olympic medal count and less like today’s global market index.

Searching the globe beyond the US for investment opportunities has historically been a great way to go for gold in areas where us markets aren’t able to execute the investment equivalent of a triple twisting, double tucked, salto backwards. Wow, she’s good.

Discover more about:

Stay Connected

Subscribe now to stay up-to-date with Thornburg’s news and insights.
Subscribe

More Insights

Barrons logo.

Taiwan Semi, Tencent, and Other “Quality” Favorites

Portfolio Manager Sean Sun speaks with Barron's about portfolio holdings.
Fixed Income

Investor Spotlight: The Municipal Bond Tax Exemption

We detail the developments surrounding the municipal bond tax exemption and provide context through a volatile and uncertain market.
Global Equity

International Equity: The Power of Global Diversification

International equities are a much more differentiated set of companies and industries than the U.S., which can help investors construct a diversified portfolio in the midst of global volatility.
Press Release from Thornburg with a branded megaphone image.

Thornburg Income Builder Opportunities Trust Announces Distribution

Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) announced its monthly distribution.
business woman&clock
Global Credit

A Time for Active Fixed Income

Heightened uncertainty, interest rate volatility, and evolving credit risks create opportunities for skilled active fixed income investment managers to add value.
Power of Global Diversification Webcast Replay
International Equities

Power of Global Diversification: Incorporating International Equity

Many investors have a disproportionate focus on U.S. markets and may be missing out on opportunities available globally. Now may be the time to look abroad.

Our insights. Your inbox.

Sign up to receive timely market commentary and perspectives from our financial experts delivered to your inbox weekly.