SpaceX US Listing Valued at $1.77T
June brought broad outperformance for Storebrand funds with gains ranging from about 4% to 6%, led by the Global Multifactor and Japan funds, while several others posted similar improvements and outperformed their benchmarks. Managers attributed the essentially flat move in global equities to AI-related spending pressures and ongoing US–Iran talks, all against a backdrop of SpaceX's historic listing and continued focus on Middle East tensions.