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.
Oceana emphasizes that price is the ultimate anchor against political noise on the eve of the 2026 elections. Despite a strong market rally in 2025 normalizing the portfolio's implied real IRR to 11.6%, the spread over the broader index remains highly elevated, pointing to robust prospective alpha.
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Oceana emphasizes that price is the ultimate anchor against political noise on the eve of the 2026 elections. Despite a strong market rally in 2025 normalizing the portfolio's implied real IRR to 11.6%, the spread over the broader index remains highly elevated, pointing to robust prospective alpha.
