AMG Boston Common Global Impact Fund Q1 2026 Commentary (BRWIX)
Affiliated Managers Group·2026-06-15·via All Articles on Seeking Alpha
Summary
The AMG Boston Common Global Impact Fund returned -0.80% for the first quarter of 2026, compared with -3.20% for the benchmark, the MSCI ACWI Index.
Boston Common Asset Management initiated a position in Applied Materials, one of the world's largest suppliers of semiconductor equipment, with particular expertise in deposition and etching.
The Fund acquired ecommerce platform eBay Inc., which has refocused its marketplace toward high-value scarce and pre-owned goods.
Boston Common Asset Management repositioned among holdings facing AI competitive threats by exiting U.K. data provider RELX and U.S. accounting and tax preparation software provider Intuit.
The Fund sold U.S. holdings TopBuild Corp. and Weyerhaeuser amid ongoing weakness in residential construction demand.
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► The AMG Boston Common Global Impact Fund ((Class I)) returned -0.80% for the first quarter of 2026, compared with -3.20% for the benchmark, the MSCI ACWI Index. For the 12 months ending March 31, 2026, the Fund returned 24.97%, while the benchmark returned 20.01%.