First Eagle Investments 79 Followers
Summary
Stocks related to the AI buildout saw success during the quarter, but many other risk assets were left behind.
The tech-heavy NYSE FANG+ Index surged 13.1% in the third quarter, while the S&P 500 Index and MSCI EAFE Index advanced a respective 2.3% and 0.8%.
Global Fund A Shares (without sales charge) posted a return of 2.10% in third quarter 2026.
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Market Overview
The artificial intelligence (AI) trade remained popular in the third quarter, dragging index-level performance along with it.
Stocks related to the AI buildout saw success during the quarter, but many other risk assets
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First Eagle Investments 79 Followers
First Eagle is an independent investment management firm that manages approximately $149* billion in assets (as of 09/30/24) on behalf of institutional and individual clients.…