By Attiya Zainib
Publication Date: 2026-03-31 12:08:00
Ariel Investmentsan investment management company, published its “Ariel Global Fund” investor letter for the fourth quarter of 2025. A copy of the letter can be downloaded here. Ariel Global Fund delivered strong results in 2025, up +23.30% over the year and outperforming the MSCI ACWI and MSCI ACWI Value indices, although it lagged the benchmark indices in the fourth quarter with a return of +2.88% versus +3.29% and +3.66%, respectively, of the indices. The quarter unfolded against a constructive global backdrop, with moderating inflation, easing financial conditions and resilient corporate earnings supporting stocks, with strength led by US mega-cap technology stocks, improving conditions in Europe and Japan, and a strong full-year rally in China. Performance was driven primarily by stock selection, with gains in financials and information technology offset by weakness in consumer discretionary and healthcare holdings, while several individual holdings faced near-term pressures from…