Lord Abbett Global Equity Fund Q1 2025 Commentary
Source: SeekingAlpha
2025-06-03 09:23:00 ET
Summary
- The Fund returned -0.56%, reflecting performance at the net asset value of Class I shares with all distributions reinvested for the quarter ended December 31, 2024.
- We believe the outlook for global equities remains compelling. With inflation normalizing and aggregate supply and demand rebalancing, central banks are easing from restrictive levels.
- Our primary focus remains on bottom-up investing, derived from intensive company research.
Market Review
Index Performance | 4Q24 | YTD |
S&P 500 Index | 2.41% | 25.02% |
Russell 1000® Index | 2.75% | 24.51% |
Russell 2000® Index | 0.33% | 11.54% |
Russell 3000® Growth Index | 6.82% | 32.46% |
Russell 3000® Value Index | -1.94% | 13.98% |
MSCI ACWI Index | -0.99% | 17.49% |
MSCI ACWI Ex-US Index | -7.60% | 5.53% |
MSCI EAFE Index | -8.11% | 3.82% |
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Lord Abbett Global Equity Fund Q1 2025 Commentary
Ashtead Group Plc
NASDAQ: ASHTF
ASHTF Trading
-4.65% G/L:
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ASHTF Stock Data
$29,023,847,718
414,310,767
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10
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Corporate Services
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GB
London
