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.
Amid soaring market indices and clear signs of speculative excess, Boyar urges investors to avoid index complacency and remain strictly focused on disciplined, selective value-oriented opportunities.
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Amid soaring market indices and clear signs of speculative excess, Boyar urges investors to avoid index complacency and remain strictly focused on disciplined, selective value-oriented opportunities.
The Janus Henderson Strategic Bond Fund returned 0.82% in September 2025, outperforming its peer group. The managers are actively favoring credit risk over duration and have increased exposure to high-yield and subordinated financials.
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The Janus Henderson Strategic Bond Fund returned 0.82% in September 2025, outperforming its peer group. The managers are actively favoring credit risk over duration and have increased exposure to high-yield and subordinated financials.
CrossingBridge outlines how it avoided the First Brands collapse and capitalized on CODI's senior notes, warning that broader credit markets are exhibiting dangerous, bubble-like complacency.
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CrossingBridge outlines how it avoided the First Brands collapse and capitalized on CODI's senior notes, warning that broader credit markets are exhibiting dangerous, bubble-like complacency.
FPA New Income Fund returned 1.65% in Q2 2025, maintaining a highly conservative posture with 96% high-quality exposure as credit spreads hovered near historical lows.
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FPA New Income Fund returned 1.65% in Q2 2025, maintaining a highly conservative posture with 96% high-quality exposure as credit spreads hovered near historical lows.
FPA New Income Fund returned -1.08% in Q4 2024 and 4.59% for the full year. The manager is taking advantage of higher yields in longer-duration High Quality bonds while reducing exposure to expensive, narrow-spread credit instruments.
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FPA New Income Fund returned -1.08% in Q4 2024 and 4.59% for the full year. The manager is taking advantage of higher yields in longer-duration High Quality bonds while reducing exposure to expensive, narrow-spread credit instruments.
