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Allspring International Equity Fund Q1 2026 Commentary
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Allspring International Equity Fund Q1 2026 Commentary

Seeking Alpha·Allspring Global Investments·28 days ago
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Home Latest Articles Summary Allspring International Equity Fund-Inst returned -0.89% for the first quarter of 2026, outperforming the MSCI EAFE Index return of -1.24%. Positive stock selection in the information technology and communication services sectors was offset by negative selection in the industrials and consumer staples sectors. Following the unanticipated action in Iran, markets were driven more by uncertainty and concerns about both the cost and supply of oil and related commodities. Samsung Electronics was a strong performer as demand for the memory chips they produce has been seeing strong demand as data centers and AI-related technologies continue to grow. The Allspring International Equity Fund's focus on high-quality businesses, durable cash flows, and resilient operations has delivered solid risk-adjusted performance relative to most equity classes.…

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