Ariel Global Fund’s Q3 2026 Investor Letter

Ariel Investments, an investment management company, released its “Ariel Global Fund” Q3 2026 investor letter. The Fund declined in the third quarter of 2026 as renewed geopolitical tensions, higher oil prices, and elevated interest rates contributed to uneven performance across global markets. The Fund’s Investor Class returned -1.98%, underperforming the MSCI ACWI Index, which gained 1.60%, and the MSCI ACWI Value Index, which advanced 3.75%. Stock selection in consumer discretionary,...