Baird Mid Cap Growth Equity Q1 2026 Commentary And Market Outlook

Baird Asset Management24 FollowersFollow5ShareSavePlay(12min)CommentsSummaryThe Baird Mid Cap Growth portfolio declined -2.2%, net of fees, in the quarter, outperforming the Russell Midcap Growth Index, which decreased -6.4%.We were active during the quarter in this sector, adding four new positions, three of which were among the most significant contributors.Healthcare lagged the benchmark, largely due to a broad pullback in medtech, where in several cases, solid fundamental performance did not translate into good stock returns. FREDERICA ABAN/iStock via Getty Images Market Update Equities rallied to start the year, spurred by falling interest rates along with an uptick in economic activity and related company fundamentals. However, as March began, macro conditions became much less forgiving. U.S. military action against Iran, followed byThis article was written byBaird Asset Management24 FollowersFollowBaird is an international financial services firm providing Private Wealth Management, Trust, Asset Management, Investment Banking, Capital Markets and Private Equity services. Note: This account is not managed or monitored by Baird, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Baird's official channels.