The Case for Investing Internationally

“International equities appear ready to take a leadership role, and the international market cycle has a long recovery ahead.”

Based on a multitude of global market factors, including cheaper valuations in international stocks and an accommodative credit cycle in global markets, we believe now is the time for investors to rethink international equity exposure and consider increasing international stock allocations.

However, due to a lack of insight and a bias towards domestic U.S. stocks, many investors only allocate a minimal exposure to the international equities asset class when devising an investment plan.

In this report, we provide insights into several areas that show the potential for increasing returns of international stocks over the long term:
  • Impact of trade war rhetoric and actions
  • Economic cycles and global gross domestic product trends
  • Credit cycles and monetary policy
  • Relative valuations for international stocks

“With the potentially faster pace of global economic growth overseas, we believe now is the right time to rethink international equity exposure.”

Bill Kornitzer, CFA, has 26 years of professional investment experience, including portfolio management of the Buffalo International Fund (BUFIX) since the Fund’s inception in 2007.

Opinions expressed are those of the author or Funds and are subject to change, are not intended to be a forecast of future events, a guarantee of future results, nor investment advice.

Fundamental Approach

We get to know the companies we invest in and learn how they run their business.

Top-Down & Bottom-Up

We identify Top-Down broad, secular growth trends and search for companies from the Bottom-Up.

Proprietary Philosophy

We construct our portfolios based on our own proprietary investment strategy.

Disciplined Investing

Sticking to our disciplined investment strategy ensures we maintain a consistent, balanced approach.