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Macquarie Global Listed Real Assets Fund Q3 2025 Commentary

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Macquarie Global Listed Real Assets Fund Q3 2025 Commentary

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Macquarie Asset Management22 FollowersFollow5ShareSavePlay(10min)CommentsSummaryFor 3Q25, the Macquarie Global Listed Real Assets Fund outperformed the Fund’s primary benchmark, the Bloomberg Global Inflation-Linked Total Return Index Value Hedged USD.US and European yield curves steepened in July and August amid heightened concerns about budget deficits, debt sustainability, and slowing disinflation.Global markets delivered a strong 3Q25, driven by investors reassessing risks that had characterized the previous quarter. Userba011d64_201/iStock via Getty Images Market review Global markets delivered a strong 3Q25, driven by investors reassessing risks that had characterized the previous quarter. While reaccelerating inflation and weakening labor markets remained key concerns, robust public and private investment in artificial intelligence (AI) continued toThis article was written byMacquarie Asset Management22 FollowersFollowMacquarie Asset Management (MAM) is the asset management division of Macquarie Group. MAM is an integrated asset manager across public and private markets offering a diverse range of capabilities, including real assets, real estate, credit, equities and multi-asset solutions. Macquarie Group refers to Macquarie Group Limited and its subsidiaries and affiliates worldwide. Delaware Funds by Macquarie refers to certain investment solutions that MAM distributes, offers, or advises. Investment advisory services are provided to the Delaware Funds by Delaware Management Company, a series of Macquarie Investment Management Business Trust (MIMBT), a Securities and Exchange Commission (SEC) registered investment adviser.

The Delaware Funds are distributed by Delaware Distributors, L.P., a registered broker/dealer and member of the Financial Industry Regulatory Authority (FINRA) and an affiliate of MIMBT. Note: This account is not managed or monitored by Macquarie Asset Management, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use the Macquarie Asset Management's official channels.

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