Reported 4 days ago
Loomis Sayles Global Growth Fund reported a -3.35% return in Q1 2025 and adjusted its holdings, including a reduction in Alibaba Group (NYSE:BABA). Despite Alibaba's strong performance, with a 48.57% increase over the past year, the fund expressed a preference for AI stocks, believing they hold greater potential for higher returns in a shorter time frame.
Source: YAHOO