Aristotle Capital Management International Equity ADR Fund’s Q1 2022 Investor Letter

Aristotle Capital Management, an independent/employee-owned investment management organization, published its “International Equity ADR Fund” first quarter 2022 investor letter – a copy of which can be downloaded here. For the first quarter of 2022, Aristotle Capital’s International Equity ADR Composite posted a total U.S. dollar return of -9.75% gross of fees (-9.86% net of fees), underperforming the MSCI EAFE Index, which returned -5.91%, and the MSCI ACWI ex USA Index, which returned -5.44%. Try to spend some time looking at the fund’s top 5 holdings to be informed about their best picks for 2022.