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 TM Oberon UK Smaller Companies Fund capitalized on a recovery in UK small-caps following geopolitical volatility, outperforming its sector benchmark. Despite macro headwinds, multi-decade low valuations in the small-cap space represent an extraordinary long-term entry point for active investors.
Full Quick Take
The TM Oberon UK Smaller Companies Fund capitalized on a recovery in UK small-caps following geopolitical volatility, outperforming its sector benchmark. Despite macro headwinds, multi-decade low valuations in the small-cap space represent an extraordinary long-term entry point for active investors.
Despite a challenging 2025 performance (-21.95%), Ace River Capital remains committed to its highly concentrated, asset-backed small-cap strategy, viewing current valuation dislocations as compelling buying opportunities.
Full Quick Take
Despite a challenging 2025 performance (-21.95%), Ace River Capital remains committed to its highly concentrated, asset-backed small-cap strategy, viewing current valuation dislocations as compelling buying opportunities.
