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 fund posted an outstanding +45.2% YTD return in 2025, beating the MSCI ACWI by over 22%. PM Richard Oldfield suggests that rising US policy volatility and extreme index concentration are driving a shift toward global value diversification.
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The fund posted an outstanding +45.2% YTD return in 2025, beating the MSCI ACWI by over 22%. PM Richard Oldfield suggests that rising US policy volatility and extreme index concentration are driving a shift toward global value diversification.
