Ariel Investments, an investment management company, released its “Ariel Small Cap Value Strategy” second-quarter 2024 investor letter. Even if uncertainty is high and volatility is expected to stay elevated in the market, the firm views these risks as short-term in the context of its long-term investment horizon. Ariel Small Cap Value Tax-Exempt Composite decreased -3.80% gross of fees (-4.04% net of fees) in the quarter, against this backdrop, lagging -3.64% and -3.28% returns of the Russell 2000 Value Index and the Russell 2000 Index, respectively. In addition, you can check the...
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