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.
Outperforming its benchmark. The managers remain constructive for 2026, leveraging EM's superior growth and an expected US dollar decline to capture select country-level opportunities.
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Outperforming its benchmark. The managers remain constructive for 2026, leveraging EM's superior growth and an expected US dollar decline to capture select country-level opportunities.
Lagging its benchmark. The fund took advantage of market volatility to aggressively high-grade its portfolio through several key buys and complete liquidations.
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Lagging its benchmark. The fund took advantage of market volatility to aggressively high-grade its portfolio through several key buys and complete liquidations.
The Fund underperformed its benchmark in 2Q25 as a strong 'risk-on' market recovery penalized its defensive low-volatility factor tilt and underweight positions in mega-cap technology stocks.
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The Fund underperformed its benchmark in 2Q25 as a strong 'risk-on' market recovery penalized its defensive low-volatility factor tilt and underweight positions in mega-cap technology stocks.