Aristotle Atlantic Partners, LLC, an investment advisor, released its “International Equity ADR” first quarter 2023 investor letter. A copy of the same can be downloaded here. In the first quarter, Aristotle Atlantic’s International Equity ADR strategy returned 6.59% gross of fees (6.43% net of fees) compared to the MSCI EAFE Index’s 8.47% return and MSCI ACWI ex USA Index’s 6.87% return. Both security selection and allocation effects led the fund to underperform in the quarter....
Should You Sell Brookfield Asset Management Ltd. (BAM)?
