Investor Concerns Hurt RELX PLC (RELX) in 2025

Core Insights - Aoris Investment Management's "Aoris International Fund" aims for an annual return of 8-12% over a 5-7 year market cycle, focusing on high-quality businesses with capable management [1] - The fund's Class A (Unhedged) returned -0.5% after fees in Q4 2025, underperforming the benchmark's 2.7% return, while Class C (Hedged) declined by 0.1%, 3.6% less than its benchmark [1] Company Highlights - RELX PLC (NYSE:RELX) is highlighted as a significant stock in Aoris Investment Management's Q4 2025 investor letter, with a market capitalization of $62.45 billion [2] - RELX PLC's stock closed at $34.76 per share on March 11, 2026, with a one-month return of 20.65%, but a 52-week loss of 27.30% [2] Performance Analysis - Major detractors from the fund's returns in Q4 2025 included RELX PLC, Experian, and Microsoft, with RELX declining by 16%, impacting performance by 1.2% [3] - Microsoft and Experian also negatively affected returns, falling by 8.6% and 8% respectively, contributing to a reduction in portfolio returns by 0.7% and 0.8% [3]