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AMG Boston Common Global Impact Fund Q1 2026 Commentary (...
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%.