Richard Drury/DigitalVision via Getty Images By Brian Angerame, Jeffrey Bailin, CFA, Aram Green, & Matthew Lilling, CFA Clarity Emerging for SMID Growth Management Teams Market Overview SMID cap growth equities advanced heartily in the third quarter of 2025, with the Russell 2500 Growth Index gaining 10.7%. Markets benefited from a more supportive policy backdrop, highlighted by the Federal Reserve’s September rate cut, the passage of the reconciliation/tax bill and a variety of trade deals that lowere ...