Baird Equity Asset Management recently released its “Small/Mid Cap Growth Strategy” second-quarter 2026 investor letter. The fund benefited from a sharp rebound in the broader equity market during the second quarter of 2026, as improving corporate earnings, resilient economic growth, moderating inflation, and continued artificial intelligence investment supported strong gains across growth stocks. The strategy returned 17.7% net of fees in Q2, compared with a 24.0% gain for the Russell 2500...
