Thornburg Investment Management·2026-06-16·via All Articles on Seeking Alpha
Summary
In 1Q26 Thornburg Summit Fund portfolio (I share class) returned 1.66%, 399 basis points ahead of the Blended Index (60% MSCI ACWI Index and 40% Bloomberg Global Aggregate Index).
The first quarter was a tale of two halves divided by the outbreak of the U.S.'s war with Iran in late February.
From a geographic perspective, stock selection within Korea and Taiwan contributed positively to the portfolio's relative performance.
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Market Review
The first quarter was a tale of two halves divided by the outbreak of the U.S.'s war with Iran in late February. The year began with a meaningful broadening of global equity leadership, as the
