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 global equity bull market continued in Q4 2025 with notable international outperformance, while Fed rate cuts steepened the yield curve. Corient advises entering 2026 with guarded optimism, favoring global diversification, fixed-income duration extension, and alternative assets.
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The global equity bull market continued in Q4 2025 with notable international outperformance, while Fed rate cuts steepened the yield curve. Corient advises entering 2026 with guarded optimism, favoring global diversification, fixed-income duration extension, and alternative assets.
Global diversification and strict valuation discipline are essential for long-term capital compounding as US market concentration risks rise. Recent international outperformance and the shift toward tangible AI monetization validate a cautious stance on crowded trades. Repricing in private markets presents prime entry points to acquire discounted secondary assets, lower-middle market niche businesses, and real estate below replacement cost.
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Global diversification and strict valuation discipline are essential for long-term capital compounding as US market concentration risks rise. Recent international outperformance and the shift toward tangible AI monetization validate a cautious stance on crowded trades. Repricing in private markets presents prime entry points to acquire discounted secondary assets, lower-middle market niche businesses, and real estate below replacement cost.
Hosking Partners delivered 1.8% outperformance in Q2 (YTD +12.2% net) by utilizing broad global diversification and idiosyncratic deep-value picks to outpace a volatile, tariff-disrupted market.
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Hosking Partners delivered 1.8% outperformance in Q2 (YTD +12.2% net) by utilizing broad global diversification and idiosyncratic deep-value picks to outpace a volatile, tariff-disrupted market.
Fortress funds delivered solid performance in Q2 2025, led by a 4.2% gain in the Caribbean Growth Fund due to robust global equity markets. The managers continue to advise ignoring short-term macro noise and staying focused on globally diversified, high-quality value assets.
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Fortress funds delivered solid performance in Q2 2025, led by a 4.2% gain in the Caribbean Growth Fund due to robust global equity markets. The managers continue to advise ignoring short-term macro noise and staying focused on globally diversified, high-quality value assets.
