Small Cap Value:
Q1 2026 Commentary
Q1 2026 Commentary
The heightened volatility at the end of the first quarter of 2026 tested the resolve of value investors, challenging them to avoid the perceived safety of defensive sectors and the temptation of short-term opportunities. The Snow Small Cap Value Strategy team believes that market history supports staying committed to a disciplined investment process, even when it may result in periods of short-term underperformance.