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Business

Columbia Pyrford International Stock Fund Q1 2026 Commentary (PISDX)

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Columbia Pyrford International Stock Fund Q1 2026 Commentary (PISDX)

Abstract Financial Data Visualization with Digital Stock Market Graphs

AlexSecret/iStock via Getty Images

Fund performance

■ Columbia Pyrford International Stock Fund Institutional Class shares returned 2.31% for the quarter.

■ The fund’s benchmark, the MSCI EAFE Index-Net, returned -1.24% for the same period.

Market overview

The global economy

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India Inc hikes prices, shrinks packs as Iran war squeezes margins

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India Inc hikes prices, shrinks packs as Iran war squeezes margins


India Inc hikes prices, shrinks packs as Iran war squeezes margins

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China’s global e-commerce push stalls as Iran war lifts costs, dampens demand

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China’s global e-commerce push stalls as Iran war lifts costs, dampens demand


China’s global e-commerce push stalls as Iran war lifts costs, dampens demand

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Judge calls wharfie time in Steve Wyatt's battle with MinRes over haulage tech

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Judge calls wharfie time in Steve Wyatt's battle with MinRes over haulage tech

A WA Supreme Court judge has warned that Steve Wyatt’s showdown with Mineral Resources could be delayed until 2028 after the estranged co-founder again changed his lawyers.

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China’s Moonshot AI seeks $30 billion valuation in new funding round- Bloomberg

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China’s Moonshot AI seeks $30 billion valuation in new funding round- Bloomberg

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Ipsos quick count shows statistical tie in Peru’s presidential race

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Ipsos quick count shows statistical tie in Peru’s presidential race


Ipsos quick count shows statistical tie in Peru’s presidential race

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Western Australians recognised in King’s Birthday honours

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Western Australians recognised in King's Birthday honours

Ninety-five Western Australians have been honoured for their services and commitment within the 2026 King’s Birthday Honours list.

Nationally, 948 people were acknowledged, with federal governor general Sam Mostyn highlighting the significance of their achievements.

“Our honours system recognises outstanding people who contribute so much to Australia,” she said.

“In our communities, in workplaces and across the country, recipients have made an exceptional contribution to Australia.

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“Just like those honoured across the past 50 years, their service and achievement in the community and public service, industry and academia, science, the arts and sport help shape our nation.

“The work of our award recipients, and the contributions of the thousands of Australians who have been nominated and recognised throughout the history of our honours system, is something we can take great pride in celebrating.” 

Officer of the Order of Australia

Former state treasurer turned businessman Ben Wyatt was one of four acknowledged in this category.

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Mr Wyatt, who was in politics between 2006 and 2021, held a series of ministerial positions.

Post-politics, Mr Wyatt holds a series of board roles – including as chair of Crown Perth, along with Woodside Energy, Rio Tinto and the West Coast Eagles. 

A passionate advocate for Indigenous issues and culture, Mr Wyatt recently attended the Kimberley Economic Forum, where he said there was scope for native title bodies to fast-track project approvals if council-based decision making protocols were allocated to them instead. 

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Other recipients were professors David Blair, Timothy Davis and William Morgan. 

Member of the Order of Australia

Recently appointed Western Australian Local Government Association president – and the City of Stirling’s longest serving mayor – Mark Irwin received a gong for services to the local government, community and surf life saving. 

Mr Irwin began as a councillor in 2015 and has served as mayor since 2017.

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WALGA chief executive Nick Sloan said Mr Irwin’s input made a difference to the overall local government landscape.

“Through his extensive public service over more than a decade at the City of Stirling and his current role as WALGA president, Mark Irwin strongly represents the association’s 139 member local government’s and empowers them to deliver better outcomes for their communities.”

A handful of ex state Labor ministers were acknowledged for their services to politics – including David Templeman, Bob Kucera and Mick Murray.

Former Nationals leader and pioneer behind “Royalties for Regions”, Brendon Grylls, was also honoured. 

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Recently appointed WA Cricket Foundation chair Tim Ungar was highlighted for his commitment to philanthropy and creative arts, as was Bradley Woods (AHA president) for his efforts in the hospitality space. 

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Tourism Dips but Exports Rise Amid Conflict

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Tourism Dips but Exports Rise Amid Conflict



Thailand Economy April Update: Tourism Dips but Exports Rise Amid Conflict































https://www.bot.or.th/en/news-and-media/news/news-20260529.html

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Tumbling tech darlings slam brakes on AI rally

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Tumbling tech darlings slam brakes on AI rally


Tumbling tech darlings slam brakes on AI rally

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The Jobs Report Hit Solar and AI Stocks. Here’s Who Can Handle Higher Interest Rates.

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The Jobs Report Hit Solar and AI Stocks. Here’s Who Can Handle Higher Interest Rates.

The Jobs Report Hit Solar and AI Stocks. Here’s Who Can Handle Higher Interest Rates.

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Top corporate bonds, long gilts can be a good play as RBI holds rates

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Top corporate bonds, long gilts can be a good play as RBI holds rates
Mumbai: The monetary policy review meeting by the Reserve Bank of India (RBI) kept the repo rate unchanged at 5.25% and retained a neutral stance while raising inflation projections, largely due to the rise in oil prices on account of the West Asian crisis.

Fund managers believe that fixed income investors should position their portfolios to invest a bulk of their money in corporate bonds with a tactical bet on long tenure gilt funds.

Top Corp Bonds, Long Gilts can be a Good PlayETMarkets.com
Top corporate bonds, long gilts can be a good play as RBI holds rates

The RBI maintained its repo rate at 5.25% and a neutral stance, raising inflation forecasts due to West Asian conflict-driven oil price hikes. Fund managers suggest corporate bonds for accrual income and a tactical bet on long-tenure gilt funds, anticipating improved FPI inflows after tax benefits.

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“High rated corporate bonds of two-four year maturity have a spread of 100-120 basis points over GSecs, presenting an attractive opportunity,” says Vikas Garg, head-Fixed Income, Invesco Mutual Fund. Corporate bonds will help investors earn an accrual income of 7.5-7.7% compared with an interest of 6.5% that an investor earns on a three year bank deposit.
Over the last couple of months, the global macro environment has weakened largely due to the prolonged West Asia conflict, resulting in higher prices of crude oil and other commodities and a rise in global inflation risk. In the coming quarters, the RBI will use a data-dependent, wait and watch approach to counter global headwinds and domestic risks.


The government removed both long-term and short-term capital gains taxes, along with withholding tax on interest income for foreign portfolio investors (FPI) investing in government bonds with an aim to attract foreign capital. Analysts believe these measures are aimed at supporting capital inflows to stabilise the rupee and address the balance of payments deficit and lead to inclusion in global Indices.
“With FPI route getting tax benefits due to taxation, inflows could improve. Investors can take a tactical bet on gilt funds,” says Sandeep Yadav, head-Fixed Income, DSP Mutual Fund“As we see FPI flows in Gsecs, spreads could compress,” says Garg. Fund managers believe investors could opt for longer tenure GSecs as the spread between a 10 year G sec and 30 year Gsec is 60 basis points. As long tenure Gsec yields head down, investors could earn a capital appreciation, in addition to the coupon, which will boost their overall returns.

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