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.
The fund posted a 1.47% gain in Q4 2025 as gains in structured products and European credit offset losses from duration positioning. The managers have trimmed long-term duration in favor of the front end and remain cautious on low-quality credit.
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The fund posted a 1.47% gain in Q4 2025 as gains in structured products and European credit offset losses from duration positioning. The managers have trimmed long-term duration in favor of the front end and remain cautious on low-quality credit.