Group 1 - Janus Henderson Investors reported a significant upswing in global equity markets during Q4 2025, with many indices reaching new all-time highs due to resilient markets, favorable monetary policies, and momentum in AI and electrification trends [1] - The Global Sustainable Equity Fund returned -1.72% in Q4 2025, underperforming the MSCI World Index's gain of 3.12%, with stock selection in healthcare and lower allocation to real estate enhancing relative performance, while selections in industrials and financials negatively impacted results [1] - The fund maintained a focus on high-quality companies with strong competitive advantages, strategically positioning the portfolio to manage opportunities and challenges in the investment landscape [1] Group 2 - Keysight Technologies, Inc. was highlighted as a notable contributor in the fund's Q4 2025 investor letter, with a market capitalization of $47.86 billion and a one-month return of -10.92%, while its shares gained 86.33% over the past 52 weeks [2] - Keysight Technologies is positioned at the heart of the digital revolution, providing electronic design and testing solutions across various industries, including communications, networking, and aerospace [3] - The company experienced a material acceleration in order growth, with core order growth reaching double digits and broad-based strength across its segments, offering a lower-beta, defensive way to participate in the AI infrastructure build-out [3]