Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
Glenmede expects 2.7% U.S. GDP growth in 2026 as fiscal stimulus and AI productivity gains offset tariff and energy headwinds. Geopolitical tensions drove inflation to 4.2% before easing late quarter. Equity markets rebounded sharply with broadening leadership—emerging markets up 24%, small caps up 21%. The second half will be defined by mega IPOs, AI capital spending at 2.5% of GDP, hawkish Fed policy, and midterm elections.
Full Quick Take
Glenmede expects 2.7% U.S. GDP growth in 2026 as fiscal stimulus and AI productivity gains offset tariff and energy headwinds. Geopolitical tensions drove inflation to 4.2% before easing late quarter. Equity markets rebounded sharply with broadening leadership—emerging markets up 24%, small caps up 21%. The second half will be defined by mega IPOs, AI capital spending at 2.5% of GDP, hawkish Fed policy, and midterm elections.
Protean Funds delivered positive outperformance in June, relying on short hedges and robust stock selection in Nordic equities. Management maintains a defensive stance given macro headwinds and AI boom-bust risks, while selectively accumulating under-the-radar companies undergoing business inflections.
Full Quick Take
Protean Funds delivered positive outperformance in June, relying on short hedges and robust stock selection in Nordic equities. Management maintains a defensive stance given macro headwinds and AI boom-bust risks, while selectively accumulating under-the-radar companies undergoing business inflections.
