Ariel Global Fund Added Webster Financial Corporation (WBS) on Strong Credit Performance and Growth Outlook

Group 1 - Ariel Global Fund achieved a +23.30% return in 2025, outperforming MSCI ACWI and MSCI ACWI Value indices, but lagged in Q4 with a +2.88% return compared to +3.29% and +3.66% for the indices [1] - The positive performance was supported by moderating inflation, easing financial conditions, and resilient corporate earnings, particularly from U.S. mega-cap technology stocks, alongside improvements in Europe, Japan, and a strong rebound in China [1] - Stock selection was the primary driver of performance, with gains in financials and information technology, while consumer discretionary and healthcare holdings faced challenges due to higher costs and softer demand [1] Group 2 - Ariel Investments highlighted Webster Financial Corporation (NYSE:WBS) for its solid credit performance, strong capital position, and unique growth drivers, indicating it is undervalued and well-positioned for strong returns [3] - Webster Financial Corporation's one-month return was -1.24%, with shares trading between $39.43 and $74.00 over the last 52 weeks, and a market capitalization of approximately $10.95 billion as of March 30, 2026 [2] - The bank is experiencing stable loan quality, expects a rebound in net interest margin, and benefits from specialized deposit businesses, with healthy loan growth and resumed buybacks [3]