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.
EQUAM Global Value generated 6.6% in 2025, lagging broader markets due to its small-cap focus. However, the portfolio's estimated upside potential has reached an all-time high of 106%, trading at a highly discounted 9.3x forward P/E.
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EQUAM Global Value generated 6.6% in 2025, lagging broader markets due to its small-cap focus. However, the portfolio's estimated upside potential has reached an all-time high of 106%, trading at a highly discounted 9.3x forward P/E.
The fund delivered a 3.4% return in Q2 2025, slightly lagging its benchmark due to early-quarter tariff volatility, but benefited from a powerful wave of corporate M&A and a budding recovery in UK small and mid-cap stocks.
Full Quick Take
The fund delivered a 3.4% return in Q2 2025, slightly lagging its benchmark due to early-quarter tariff volatility, but benefited from a powerful wave of corporate M&A and a budding recovery in UK small and mid-cap stocks.
