Ariel Investments’ two biggest mutual funds outperformed their peers in the third quarter, and the Chicago-based money manager also said it plans to “remain patient” with “weak-performing” PrivateBancorp Inc.
Ariel on Tuesday released the results for its Ariel Fund, which has assets of $1.93 billion, and its Ariel Appreciation Fund, which hasĀ $1.32 billion in assets. Get the full story »