Northern Trust Asset Management·2026-06-23·via All Articles on Seeking Alpha
Summary
The first quarter was defined less by realized macroeconomic outcomes than by a reassessment of risks.
Despite a strong start, a challenging March led to weak 1Q financial market returns.
The Fund outperformed its benchmark in the quarter.
VEX Collective/iStock via Getty Images
Fund Commentary
The first quarter was defined less by realized macroeconomic outcomes than by a reassessment of risks. Economic momentum entering the quarter was reasonably constructive, and published consensus estimates for trend-like global growth and manageable
