The conflict in the Middle East hurts LVMH Moët Hennessy – Louis Vuitton and Société Européenne (LVMUY) in the first quarter
Broyhill Asset Management, an investment advisor, published its Q1 2026 investor letter. A copy of the letter can be downloaded here. The Broyhill Equity Composite declined 6.0% in the first quarter, net of all fees and expenses, lagging the MSCI All Country World Index, which declined 3.1%. After a good start to the year, global…