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.
Value factors dominated global equity markets in 2025, leaving growth and momentum behind outside the US. For 2026, WisdomTree advises focusing on high-quality dividend-growth in the US and value names in Europe and EM to navigate ongoing concentration risks.
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Value factors dominated global equity markets in 2025, leaving growth and momentum behind outside the US. For 2026, WisdomTree advises focusing on high-quality dividend-growth in the US and value names in Europe and EM to navigate ongoing concentration risks.
Mondrian warns that extreme US stock concentration and record-high valuation premiums create a highly unfavorable risk-reward skew, presenting a compelling, value-driven case for investing in cheaper, structurally supported international equities and undervalued currencies.
Full Quick Take
Mondrian warns that extreme US stock concentration and record-high valuation premiums create a highly unfavorable risk-reward skew, presenting a compelling, value-driven case for investing in cheaper, structurally supported international equities and undervalued currencies.