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.
Pzena International Value ADR underperformed benchmarks with a 7.3% net return in Q2 2025, but leveraged macro-driven market volatility to establish high-quality new value positions in Japanese leaders Murata and Daikin.
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Pzena International Value ADR underperformed benchmarks with a 7.3% net return in Q2 2025, but leveraged macro-driven market volatility to establish high-quality new value positions in Japanese leaders Murata and Daikin.