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.
Alpinum argues that a structurally higher-nominal environment driven by fiscal deficits and protectionism demands active security selection and capital preservation.
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Alpinum argues that a structurally higher-nominal environment driven by fiscal deficits and protectionism demands active security selection and capital preservation.
Franklin High Income Fund outperformed in Q3 2025, driven by trade optimism and rate cuts. Managers remain constructive on high-yield carry but warn that tight spreads limit further upside.
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Franklin High Income Fund outperformed in Q3 2025, driven by trade optimism and rate cuts. Managers remain constructive on high-yield carry but warn that tight spreads limit further upside.
Underperforming its benchmark due to gaming and chemical sector exposure and an underweight position in lower-quality CCC bonds. Constructive on the asset class and views potential softness as an opportunity to add risk.
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Underperforming its benchmark due to gaming and chemical sector exposure and an underweight position in lower-quality CCC bonds. Constructive on the asset class and views potential softness as an opportunity to add risk.
As immediate global recession fears subside and central bank rate hikes approach their terminal peak, Alpinum is selectively increasing risk by maintaining an overweight in short-term, non-cyclical corporate credit yielding 8-9% while cautiously upgrading global equities from.
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As immediate global recession fears subside and central bank rate hikes approach their terminal peak, Alpinum is selectively increasing risk by maintaining an overweight in short-term, non-cyclical corporate credit yielding 8-9% while cautiously upgrading global equities from.