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.
Leaven Partners delivered a strong 41.0% return in 2025. The letter details the fund's systematic, trend-following currency hedging strategy used to mitigate Japanese yen volatility and capture positive carry while investing in undervalued Japanese equities.
Full Quick Take
Leaven Partners delivered a strong 41.0% return in 2025. The letter details the fund's systematic, trend-following currency hedging strategy used to mitigate Japanese yen volatility and capture positive carry while investing in undervalued Japanese equities.
