Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
Ariel International Fund employs a disciplined, non-consensus value approach to invest in misunderstood, undervalued global companies. Despite declining -5.11% in Q4 2024, the fund outperformed major international benchmarks. The manager is actively deploying capital into mispriced international equities, which trade at steep discounts to US peers, believing that active management will thrive amid expected macroeconomic and policy volatility.
Full Quick Take
Ariel International Fund employs a disciplined, non-consensus value approach to invest in misunderstood, undervalued global companies. Despite declining -5.11% in Q4 2024, the fund outperformed major international benchmarks. The manager is actively deploying capital into mispriced international equities, which trade at steep discounts to US peers, believing that active management will thrive amid expected macroeconomic and policy volatility.
