Group 1 - Aoris Investment Management's "Aoris International Fund" Q3 2025 investor letter reported a 6.5% rise in global equity markets, represented by the MSCI AC World Accumulation Index ex Australia, in AUD for the September quarter [1] - The fund's Class A (Unhedged) returned -2.6% after fees, while Class C (Hedged) declined by 1.0%, both underperforming their respective benchmarks [1] - The letter highlighted RELX PLC (NYSE:RELX) as a key stock, which provides information-based analytics and decision tools for various professional markets [2][3] Group 2 - RELX PLC's one-month return was 1.51%, but it experienced a 10.70% decline in value over the last 52 weeks, closing at $40.98 per share with a market capitalization of $74.525 billion [2] - Concerns were raised regarding the impact of AI on RELX's business model, as some investors believe AI could undermine its position by allowing data scraping from the internet [3] - Despite being recognized as a potential investment, RELX is not among the 30 most popular stocks among hedge funds, with 28 hedge fund portfolios holding it at the end of Q3, an increase from 20 in the previous quarter [4]