Loomis Sayles Global Growth Fund Holds Firm on Shopify (SHOP) Beyond AI Narrative

Loomis Sayles, an investment management company, released its “Global Growth Fund” investor letter for the first quarter of 2026.  A copy of the letter is available to download here. The fund reported -13.09% in the first quarter, lagging the MSCI ACWI Index Net’s -3.20% return. Stock selection in the financials and information technology sectors contributed positively to relative performance. The Firm maintained a long-term investment strategy, concentrating on high-quality businesses...