Aoris Investment Management, a specialist international equity manager, released its “Aoris International Fund” Q3 2025 investor letter. A copy of the letter can be downloaded here. Global equity markets, represented by the MSCI AC World Accumulation Index ex Australia, rose by 6.5% in AUD for the September quarter. In local currencies, gains were 8.0%, but currency fluctuations reduced the AUD return by 1.5%. In the quarter, Portfolio’s Class A (Unhedged) returned -2.6% after fees compared to a 6.5% return for the benchmark. The fund’s Class C (Hedged) declined by 1.0% compared to an 8.0% return for the benchmark. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.
In its third-quarter 2025 investor letter, Aoris International Fund highlighted stocks such as InterContinental Hotels Group PLC (NYSE:IHG). InterContinental Hotels Group PLC (NYSE:IHG) is a hospitality company that manages, franchises, and leases hotels. The one-month return of InterContinental Hotels Group PLC (NYSE:IHG) was 6.51%, and its shares gained 13.24% of their value over the last 52 weeks. On December 22, 2025, Intercontinental Hotels Group PLC (NYSE:IHG) stock closed at $143.42 per share, with a market capitalization of $21.46 billion.
Aoris International Fund stated the following regarding Intercontinental Hotels Group PLC (NYSE:IHG) in its third quarter 2025 investor letter:
“Intercontinental Hotels Group PLC (NYSE:IHG) is the brand owner and franchisor of hotel chains globally. There are 20 brands in total across IHG’s 6,600 hotels. Its largest brands are Holiday Inn, which accounts for around half its revenue, as well as InterContinental and Crowne Plaza.
Intercontinental Hotels Group PLC (NYSE:IHG) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 14 hedge fund portfolios held Intercontinental Hotels Group PLC (NYSE:IHG) at the end of the third quarter, compared to 16 in the previous quarter. While we acknowledge the potential of Intercontinental Hotels Group PLC (NYSE:IHG) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
