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Stock impact report

Nomura International Core Equity Fund Q4 2025 Commentary [Seeking Alpha]

NINTENDO CO LTD UNSP/ADR (NTDOY) 
NASDAQ:AMEX Investor Relations: nintendo.co.jp/ir/en
Company Research Source: Seeking Alpha
Nomura International Core Equity Fund Institutional Class posted a 1.55% total return for Q4 2025, trailing the 5.05% benchmark return. The Fund eliminated exposure to Nintendo Co. Ltd., Haeleon PLC, Makita Corp., Siemens AG, and Mondi PLC. The Fund initiated several new positions, including Barclays PLC, Olympus Corp., Embraer SA, and argenx SE. We believe international markets represent a differentiated opportunity set of leading companies in sectors less prominent than in the US. JuSun/iStock via Getty Images Market review International equities, as represented by the MSCI All Country World Index ('ACWI') ex USA Index, continued to display solid performance through 4Q2025, with the MSCI ACWI ex USA Index ( NET ) extending gains This article was written by Quick Insights ICEIX lagged due to value stocks' outperformance over growth, challenging stock selection in industrials, consumer discretionary, and healthcare, and headwinds from prior growth leaders retracing. Show less Read more
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