First Eagle Global Fund’s Q2 2026 Investor Letter

First Eagle Investment Management, an investment management company, released its Q2 2026 investor update for “First Eagle Global Fund”.  Easing tensions in the Middle East led to a strong rally in risk markets in Q2. The S&P 500 Index rose 15.2%, while the MSCI EAFE Index gained 10.8%. Growth stocks outperformed, with the MSCI World Growth Index significantly exceeding value returns. A notable shift in U.S. interest rate expectations followed Kevin Warsh’s appointment as chair of the...