Artisan Partners, an investment management company, released its “Artisan Global Discovery Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund’s Investor Class APFDX returned 10.84%, Advisor Class APDDX posted a return of 10.83%, and Institutional Class APHDX returned 10.93%, compared to a 11.84% return for the MSCI All Country World Small Mid Index. Global markets experienced volatility in Q2, shifting from double-digit declines to gains. ...