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.
East Capital maintains a bullish stance on emerging and frontier equities, propelled by Taiwan's AI dominance, Korean power grid suppliers, and stabilizing Chinese fundamentals. Despite elevated domestic valuations in India, broad EM valuations remain attractive alongside lowering global interest rates. The firm prioritizes high-quality compounders with strong governance trading at compelling entry multiples across regional markets.
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East Capital maintains a bullish stance on emerging and frontier equities, propelled by Taiwan's AI dominance, Korean power grid suppliers, and stabilizing Chinese fundamentals. Despite elevated domestic valuations in India, broad EM valuations remain attractive alongside lowering global interest rates. The firm prioritizes high-quality compounders with strong governance trading at compelling entry multiples across regional markets.
The Global Discovery Fund declined 8.0% net through Q3 2023, impacted by a persistent valuation discount in small-caps under $1 billion. The manager views the current mega-cap technology rally as a fragile speculative bubble. Consequently, the fund is maintaining its focus on highly discounted small-cap compounders and secular beneficiaries of global electrical grid upgrades.
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The Global Discovery Fund declined 8.0% net through Q3 2023, impacted by a persistent valuation discount in small-caps under $1 billion. The manager views the current mega-cap technology rally as a fragile speculative bubble. Consequently, the fund is maintaining its focus on highly discounted small-cap compounders and secular beneficiaries of global electrical grid upgrades.
Apis Capital Advisors targets the deep valuation discount of small-capitalization companies relative to overvalued mega-cap tech stocks. Despite near-term volatility and a narrow market, the fund leverages its long-short flexibility to capture long-term secular trends in global electrical grid upgrades while shorting structural oversupply bubbles in Chinese solar and electric vehicle supply chains.
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Apis Capital Advisors targets the deep valuation discount of small-capitalization companies relative to overvalued mega-cap tech stocks. Despite near-term volatility and a narrow market, the fund leverages its long-short flexibility to capture long-term secular trends in global electrical grid upgrades while shorting structural oversupply bubbles in Chinese solar and electric vehicle supply chains.
