Ariel Investments, an investment management company, released its "Ariel Fund" Q2 2026 investor letter. Ariel Investments said its Ariel Fund returned 13.59% in the second quarter of 2026, trailing the Russell 2500 Value Index's 18.50% gain and the Russell 2000 Value Index's 17.19% return despite a sharp rebound in U.S. equities. The fund's performance was supported by strength in several consumer and entertainment holdings but was offset by weakness in energy services, healthcare, and alternative asset management investments amid geopolitical disruptions, supply chain challenges, and...
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