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Holly LaFon
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John Rogers Comments on JLL

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January 18, 2018 | About:

The positive results for Ariel Fund were largely driven by strong stock selection within the financial services sector, contributing +261 basis points to relative returns. Real estate expert JLL (NYSE:JLL) was the top performer within the sector, delivering +20.89% gain for the quarter, on solid earnings, highlighted by organic growth, margin improvement, 20% reduction in net debt from the prior quarter and the announcement of a 13% increase in its annual dividend due to improved cash flow.

From John Rogers (Trades, Portfolio)' Ariel Funds 2017 shareholder letter.

About the author:

Holly LaFon
I'm a financial journalist with a master of science in journalism from Medill at Northwestern University.

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