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SNY - BNY Mellon Global Equity Income Fund Q1 2025 Commentary
Sanofi
2025-05-22 12:31:00 ET
Summary
BNY Mellon Global Equity Income Fund outperformed its benchmark index, the FTSE World Index (“the index”), during the first quarter of 2025.
BAE’s share price was boosted by NATO members’ pledges to significantly increase defence spending, due to pressure from the US.
While headline inflation has been slowing, core inflation is still sticky and the team believes it will remain so as a result of long-term trends such as deglobalization and decarbonization.