Nomura Growth And Income Fund Q4 2025 Commentary

Macquarie Asset Management38 FollowersFollow5ShareSavePlay(9min)CommentsSummaryFor 4Q25, Nomura Growth and Income Fund Institutional Class shares outperformed the Fund's benchmark, the Russell 1000® Value Index.At the sector level, an overweight allocation to the information technology and financials sectors were key contributors to excess return, driven by positive stock selection.US equities ended the year on a positive note, with gains led by technology and growth sectors as improving economic conditions and policy support lifted sentiment. M.photostock/iStock via Getty Images Market review US equity markets were positive yet volatile in 4Q25, as markets digested mixed signals. Economic data releases were delayed by the 43-day government shutdown, yet available indicators toward the end of the quarter pointed to stabilityThis article was written byMacquarie Asset Management38 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.

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