Aristotle Capital International Equity ADR Strategy’s Q3 2023 Investor Letter

Aristotle Capital Management, LLC, an investment advisor, released its “International Equity ADR” third quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, the strategy posted a return of a ‐3.79% gross of fees (‐3.91% net of fees), outperforming the MSCI EAFE Index, which returned ‐4.11%, and underperforming the MSCI ACWI ex USA Index, which returned ‐3.77%. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.