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.
Horos delivers exceptionally strong returns in 2025 but maintains a highly cautious stance on the US equity market and the speculative AI bubble. The managers are actively deploying capital into deeply undervalued European/Iberian assets and corporate credit where a robust margin of safety exists.
Full Quick Take
Horos delivers exceptionally strong returns in 2025 but maintains a highly cautious stance on the US equity market and the speculative AI bubble. The managers are actively deploying capital into deeply undervalued European/Iberian assets and corporate credit where a robust margin of safety exists.
