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.
EM equity strategy underperformed in Q1 despite banking sector resilience during US/European crisis. Manager initiated fintech position in Kaspi.kz and adjusted bank holdings based on valuations. Core thesis remains focused on disciplined capital allocators like Localiza and Maruti Suzuki that can weather higher rates while capturing structural growth in digital transformation across emerging markets.
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EM equity strategy underperformed in Q1 despite banking sector resilience during US/European crisis. Manager initiated fintech position in Kaspi.kz and adjusted bank holdings based on valuations. Core thesis remains focused on disciplined capital allocators like Localiza and Maruti Suzuki that can weather higher rates while capturing structural growth in digital transformation across emerging markets.
