Aoris Investment Management, a specialist international equity manager, released its Q4 2024 investor letter. A copy of the letter can be downloaded here. In 2024, Portfolio’s Class A (Unhedged) returned 22.9% after fees compared to 29.8% return for the benchmark. The fund’s Class C (Hedged) returned -12.3% compared to a 19.7% return for the benchmark. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2024.
In its fourth quarter 2024 investor letter, Aoris Investment Management emphasized stocks such as MSCI Inc. (NYSE:MSCI). MSCI Inc. (NYSE:MSCI), provides critical decision support tools and solutions for the investment community. The one-month return of MSCI Inc. (NYSE:MSCI) was -6.04%, and its shares gained 1.11% of their value over the last 52 weeks. On February 13, 2025, MSCI Inc. (NYSE:MSCI) stock closed at $570.50 per share with a market capitalization of $44.704 billion.
Aoris Investment Management stated the following regarding MSCI Inc.. (NYSE:MSCI) in its Q4 2024 investor letter:
“We were disciplined in responding to valuation in our purchase of MSCI. The company’s March quarterly earnings result was negatively impacted by the merger of two of its very large European banking customers. Its share price fell by 15% on the day it was reported, making its valuation attractive. We felt that client consolidation is a normal event for MSCI, even if this was an unusually large one, and it didn’t change what we thought the business was worth. We initiated a position in MSCI immediately after the result, and the share price has performed very well since.
MSCI Inc. (NYSE:MSCI) is a leader in equity indices, benchmarking and portfolio analysis tools, especially for global investors. You can see from our performance table at the beginning of this letter that Aoris uses MSCI to benchmark our performance. We bought MSCI in May, taking advantage of a sharp sell-off in its share price.”
A successful portfolio manager working on a laptop in a large office with a city view, representing the success of the company in the financial sector.
MSCI Inc. (NYSE:MSCI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 55 hedge fund portfolios held MSCI Inc. (NYSE:MSCI) at the end of the third quarter which was 47 in the previous quarter. For the full year, MSCI Inc. (NYSE:MSCI) reported organic revenue growth of almost 10%, adjusted earnings per share growth of 12.4%, and free cash flow growth of 21%. While we acknowledge the potential of MSCI Inc. (NYSE:MSCI) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
In another article we discussed MSCI Inc. (NYSE:MSCI) and shared the list of best ethical companies to invest in according to reddit. In addition, please check out our hedge fund investor letters Q3 2024 page for more investor letters from hedge funds and other leading investors.
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Disclosure: None. This article is originally published at Insider Monkey.