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Stock impact report

Macquarie Systematic Emerging Markets Equity Fund Q3 2025 Commentary [Seeking Alpha]

ICICI Bank Limited (IBN) 
Company Research Source: Seeking Alpha
The Fund's benchmark, the MSCI Emerging Markets Index (net), returned 10.6% in US dollar terms in 3Q25, outperforming developed markets. Among sectors, materials and communication services outperformed the benchmark. In contrast, energy and financials underperformed the benchmark. Vladimir Zakharov/iStock via Getty Images Overview The Fund's benchmark, the MSCI Emerging Markets Index (net), returned 10.6% in US dollar terms in 3Q25, outperforming developed markets. Key factors contributing to emerging markets' relative outperformance included improved investor sentiment toward Chinese equities, robust demand growth for artificial intelligence (AI)-related This article was written by Quick Insights The Fund's overweight to China and the IT sector were primary detractors, as allocation effects and continued AI-driven valuation expansion led to underperformance relative to the benchmark. The Fund aims to identify higher-quality companies with strong balance sheets and su Show less Read more
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