The Brown Advisory Global Leaders Strategy invests in the top 30-40 leading companies that we believe deliver exceptional customer outcomes. We use franchise quality, management quality, quantitative measures and investability to identify a global leader. We believe that companies that combine exceptional outcomes for their customers with strong leadership can generate high and sustainable returns on invested capital (ROIC), which can lead to outstanding shareholder returns. Learn more about the Strategy Listen to our latest audio updates The Portfolio Managers discuss the portfolio’s performance and positioning for the third quarter 2023, as well as their outlook for the strategy. Your browser does not support the audio element.Disclosures Audio archive 2023 - Quarter 2 Your browser does not support the audio element.2023 - Quarter 1 Your browser does not support the audio element.2022 - Quarter 4 Your browser does not support the audio element.2022 - Quarter 3 Your browser does not support the audio element.Additional Materials Latest Quarterly Update Please read our latest quarterly update.Read now More on this topic Global Leaders Investment Letter Please read our latest Global Leaders Investment Letter Read now Global Leaders Impact Report Please read our latest Global Leaders Impact Report Read now The views expressed are those of the author and Brown Advisory as of the date referenced and are subject to change at any time based on market or other conditions. These views are not intended to be and should not be relied upon as investment advice and are not intended to be a forecast of future events or a guarantee of future results. Past performance is not a guarantee of future performance and you may not get back the amount invested. The information provided in this material is not intended to be and should not be considered to be a recommendation or suggestion to engage in or refrain from a particular course of action or to make or hold a particular investment or pursue a particular investment strategy, including whether or not to buy, sell, or hold any of the securities mentioned. It should not be assumed that investments in such securities have been or will be profitable. To the extent specific securities are mentioned, they have been selected by the author on an objective basis to illustrate views expressed in the commentary and do not represent all of the securities purchased, sold or recommended for advisory clients. The information contained herein has been prepared from sources believed reliable but is not guaranteed by us as to its timeliness or accuracy, and is not a complete summary or statement of all available data. This piece is intended solely for our clients and prospective clients, is for informational purposes only, and is not individually tailored for or directed to any particular client or prospect.