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Credit Suisse (CS) was Oakmark Global Select Fund’s Top Detractor for Q1 2021 Oakmark Funds, an investment management firm, published its “Oakmark Global Select Fund” first quarter 2021 investor letter – a copy of which can be seen here.  A return of 10.87% was reported by the fund for the Q1 of 2021, outperforming its MSCI World benchmark that delivered a 4.92% return for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Oakmark Global Select Fund, in their Q1 2021 investor letter, mentioned Credit Suisse Group AG (NYSE: CS) and shared their insights on the company. Credit Suisse Group AG is a Zürich, Switzerland-based investment banking company that currently has a $25.5 billion market capitalization. Since the beginning of the year, CS delivered a -16.33% return, while its 12-month gains are still up by 22.68%. As of April 12, 2021, the stock closed at $10.71 per share.

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