Aristotle Capital International Equity Strategy’s Q2 2023 Investor Letter

Aristotle Capital Management, LLC, an investment advisor, released its “International Equity Strategy” second quarter 2023 investor letter. A copy of the same can be downloaded here. In the second quarter, Aristotle Capital’s International Equity strategy returned 4.99% gross of fees (4.87% net of fees), outperforming the MSCI EAFE Index’s 2.95% return and MSCI ACWI ex USA Index’s 2.44% return. The portfolio’s outperformance in comparison to the Index can be traced mostly to securities selection, however, allocation effects also had a favorable impact. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.