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Impax Global Social Leaders Fund Q4 2025 Commentary [Seeking Alpha]
Last intuitive surgical, inc. earnings: 4/16 04:05 pm
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US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=122359&p=irol-irhome
Impax Global Social Leaders Fund underperformed relative to the MSCI ACWI index as market concentration and style factors created headwinds for the portfolio. Intuitive Surgical rallied after Q3 2025 results exceeded expectations, driven by strong equipment placements and accelerating US procedure growth. Bentley Systems reported robust results, with annual recurring revenues growing at around 10% and strong free cash flow growth. Impax Global Social Leaders Fund investment team believes this creates compelling opportunities among companies with sustainable structural growth, where valuations remain attractive. Lemon_tm/iStock via Getty Images Performance The portfolio underperformed relative to the MSCI ACWI index as market concentration and style factors favouring momentum, value and cyclicals over quality created headwinds for the portfolio. This was most pronounced in Information Technology, where This article was written by
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NEWS
- Is Intuitive Surgical (ISRG) Still Priced For Perfection After Recent Share Price Pullback [Yahoo! Finance][Yahoo! Finance]
- Investor Outlook: Shopify climbs after forecast beat, agentic AI in focus [BNN Bloomberg (Canada)][BNN Bloomberg]
- Assessing Intuitive Surgical (ISRG) Valuation After Recent Share Price Weakness [Yahoo! Finance][Yahoo! Finance]
- Intuitive Surgical (NASDAQ:ISRG) had its price target lowered by analysts at Argus from $630.00 to $560.00. They now have a "buy" rating on the stock.[MarketBeat]
- Impax Global Opportunities Fund Q4 2025 Commentary [Seeking Alpha][Seeking Alpha]
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- 2/11/26 - Form 4
- 2/11/26 - Form 144
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