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.
The Thornburg International Equity Fund posted a 4.45% gain in Q4 2025 and 34.21% for the full year, relying on active bottom-up selection of attractively valued quality firms to navigate slowing global macro growth.
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The Thornburg International Equity Fund posted a 4.45% gain in Q4 2025 and 34.21% for the full year, relying on active bottom-up selection of attractively valued quality firms to navigate slowing global macro growth.
The Thornburg International Equity Fund underperformed in Q3 2025 with a 5.47% return but maintains solid 12-month outperformance of 18.32%. The managers continue to favor highly select, world-class global compounders trading at discounts to their intrinsic value.
Full Quick Take
The Thornburg International Equity Fund underperformed in Q3 2025 with a 5.47% return but maintains solid 12-month outperformance of 18.32%. The managers continue to favor highly select, world-class global compounders trading at discounts to their intrinsic value.
