CCO:CC - Aristotle International Equity Q4 2024 Commentary
2025-01-21 04:40:00 ET
Summary
- Global equity markets ended the year slightly down, with the MSCI ACWI Index returning -0.99% in the fourth quarter.
- For Q4 2024, Aristotle Capital’s International Equity Composite posted a total return of -6.91% gross of fees, outperforming the MSCI EAFE Index and the MSCI ACWI ex USA Index.
- From a sector perspective, the portfolio’s outperformance relative to the MSCI EAFE Index can be attributed to both security selection and allocation effects.
(All MSCI index returns are shown net and in U.S. dollars unless otherwise noted.) Markets Review Past performance is not indicative of future results. Aristotle International Equity Composite returns are presented gross and net of investment advisory fees and include the reinvestment of all income. Gross returns will be reduced by fees and other expenses that may be incurred in the management of the account. Net returns are presented net of actual investment advisory fees and after the deduction of all trading expenses. Aristotle Capital Composite returns are preliminary pending final account reconciliation. Please see important disclosures at the end of this document. (Sources: CAPS CompositeHubTM, Bloomberg) |