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.
Despite positive absolute performance in FY25, the fund underperformed the benchmark due to its structural underweight in banks. The managers have cleared out underperforming names and added new high-quality holdings, remaining highly optimistic for FY26.
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Despite positive absolute performance in FY25, the fund underperformed the benchmark due to its structural underweight in banks. The managers have cleared out underperforming names and added new high-quality holdings, remaining highly optimistic for FY26.
