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.
Harris | Oakmark is maintaining a conservative stance in fixed income, warning that historically tight credit spreads conceal hidden macro and private credit risks. They are patiently waiting for price dislocations to deploy capital into selective, high-quality corporate and securitized opportunities.
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Harris | Oakmark is maintaining a conservative stance in fixed income, warning that historically tight credit spreads conceal hidden macro and private credit risks. They are patiently waiting for price dislocations to deploy capital into selective, high-quality corporate and securitized opportunities.
The Easterly Income Opportunities Fund outperformed its benchmark in Q4 2025, returning 1.93% net. The fund is actively rotating assets from CMBS into RMBS and high-multiple structured notes to position for continued interest rate curve steepening.
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The Easterly Income Opportunities Fund outperformed its benchmark in Q4 2025, returning 1.93% net. The fund is actively rotating assets from CMBS into RMBS and high-multiple structured notes to position for continued interest rate curve steepening.
Confluence expects near-trend US GDP growth and no recession over the next three years, leading them to favor domestic large caps and intermediate-maturity fixed income while holding gold to hedge geopolitical risks.
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Confluence expects near-trend US GDP growth and no recession over the next three years, leading them to favor domestic large caps and intermediate-maturity fixed income while holding gold to hedge geopolitical risks.
