Ariel Investments, an investment management company, released its “Ariel Global Fund” fourth-quarter 2024 investor letter. In 2024, global markets surpassed expectations, driven by U.S. tech ...
The stock is now at $45.72. There was a ~40% trimming in the two years through Q2 2024. The last two quarters saw only minor adjustments. Note: Ariel Investments has a ~5.4% ownership stake in Lazard.
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