Long2330.TWJun 2026
Taiwan Semiconductor Manufacturing Co. Ltd.
Taiwan Semiconductor Manufacturing was a notable outperformer and contributor during the quarter. The fund attributes the strength to upward earnings revisions as AI spending and…
Nomura Global Growth Fund
Global growth equity investing across developed and emerging markets, benchmarked to the MSCI ACWI Index.$882M AUM7 published ideas
Nomura Global Growth Fund is a global equity mutual fund managed by Delaware Management Company, a series of Nomura Investment Management Business Trust. The portfolio seeks growth across countries and sectors, with the Q2 2026 commentary emphasizing AI infrastructure, defense spending, energy independence, financials and healthcare as important structural themes.
Ideas from Nomura Global Growth Fund
LongLLYJun 2026
Eli Lilly and Co.
Eli Lilly outperformed on strong earnings results and guidance. The fund highlights the company's dominant GLP-1 franchise, including Mounjaro and Zepbound, and positive…
LongINGA.ASJun 2026
ING Groep NV
ING benefited from favorable banking-sector dynamics in Europe and solid financial results. The fund points to strong fee and commission income, cost discipline and operating…
LongBA.LJun 2026
BAE Systems PLC
The fund held BAE Systems, a diversified UK defense company, during the quarter. The shares underperformed as tensions in the conflict with Iran eased, showing the position's…
LongNFLXJun 2026
Netflix Inc.
The fund held Netflix during a quarter in which the stock lagged. The investment team states that there was no change in the company's fundamentals. The weakness was instead…
Long000660.KSJun 2026
SK Hynix Inc.
The fund held SK Hynix as a notable outperformer in the quarter. Its performance reflected upward revisions to earnings expectations as AI spending and capacity shortages…
LongKLACJun 2026
KLA Corp.
KLA was a notable outperformer and a leading contributor for the fund. The investment benefited from upward earnings revisions as AI spending and capacity shortages created a…
Letters covered
- Q2 2026 Quarterly CommentaryJune 30, 2026
Source PDFs are not republished here; only extracted ideas and quotes.