Richard Drury/DigitalVision via Getty Images Third Quarter, 2025 The Fund (Class I Shares) underperformed the benchmark, the MSCI World ex USA Index, for the quarter, but outperformed the benchmark since inception. At the sector level, consumer discretionary and materials were the largest contributors to performance, while industrials and communication services were the largest detractors from performance. Geographically, the top three region allocations are 68.4% in Europe ex U.K., 11.5% in the U.K. a ...