Aristotle Capital Management, LLC, an investment management company, released its “International Equity Strategy” third quarter 2024 investor letter. A copy of the letter can be downloaded here. During the quarter global equity markets reached record highs. The MSCI ACWI Index surged 6.61%, while the Bloomberg Global Aggregate Bond Index rallied 6.98%. Aristotle Capital International Equity returned 10.97% gross of fees (10.82% net of fees) in the third quarter outperforming the MSCI EAFE Index’s 7.26% return, and the MSCI ACWI ex USA Index’s 8.06% return. In addition, you can...
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