Mawer Investment Management’s Q4 2022 Investor Letter

Mawer Investment Management, an investment management firm, released its fourth-quarter 2022 investor letter. A copy of the same can be downloaded here. The equity funds of the firm delivered positive returns in the fourth quarter. Its International Equity Fund returned 12.6% compared to a 12.7% return for the International Equity Benchmark, U.S. Equity Fund returned 8.7% compared to a 6.1% return for the S&P 500 Index (TR), U.S. Mid Cap Equity Fund returned 7.0% compared to a 7.7% return...