NJDCY - Aristotle Capital International Equity Q4 2023 Commentary

2024-02-25 11:55:00 ET

Summary

• Aristotle Capital Management is an independent/employee-owned investment management organization that specializes in equity and fixed income portfolio management for institutional and advisory clients worldwide.
• For the fourth quarter of 2023, Aristotle Capital’s International Equity Composite posted a total return of 10.41% gross of fees (10.31% net of fees), underperforming the MSCI EAFE Index, which returned 10.42%, and outperforming the MSCI ACWI ex USA Index, which returned 9.75%.
• Future policy direction looks to be divided heading into the new year, as the U.S. signaled potential rate cuts, the U.K. and eurozone rebuffed premature discussions of cuts, and Japan looks to end its policy of negative rates in 2024.

Markets Review

(All MSCI index returns are shown net and in U.S. dollars unless otherwise noted.)...

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