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.
UBS Asset Management navigates post-Liberation Day market uncertainty with tactical hedge fund allocation adjustments. Q1 performance was modestly positive driven by trading and relative value strategies. The firm increases discretionary macro exposure while reducing credit and MBS allocations as recession risks rise. Despite near-term tariff headwinds, UBS expects improved conditions in H2 2025 from policy benefits and lower rates.
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UBS Asset Management navigates post-Liberation Day market uncertainty with tactical hedge fund allocation adjustments. Q1 performance was modestly positive driven by trading and relative value strategies. The firm increases discretionary macro exposure while reducing credit and MBS allocations as recession risks rise. Despite near-term tariff headwinds, UBS expects improved conditions in H2 2025 from policy benefits and lower rates.
