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's Global Small Cap Focused Value strategy generated a strong 10.7% net return in Q3 2025, outperforming its benchmarks and finding attractive cyclical value opportunities amidst macro and tariff-driven volatility.
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Pzena's Global Small Cap Focused Value strategy generated a strong 10.7% net return in Q3 2025, outperforming its benchmarks and finding attractive cyclical value opportunities amidst macro and tariff-driven volatility.