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 U.S. economy is navigating a slowing, late-cycle environment with elevated valuations and historically tight credit spreads, demanding a shift toward disciplined diversification and high selectivity in areas like AI.
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The U.S. economy is navigating a slowing, late-cycle environment with elevated valuations and historically tight credit spreads, demanding a shift toward disciplined diversification and high selectivity in areas like AI.
Harris | Oakmark is maintaining a conservative stance in fixed income, warning that historically tight credit spreads conceal hidden macro and private credit risks.
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Harris | Oakmark is maintaining a conservative stance in fixed income, warning that historically tight credit spreads conceal hidden macro and private credit risks.
The Fund underperformed its benchmark in Q3 2025 due to off-benchmark equity and CLO exposures, but maintains a neutral risk posture with a rotation into BBs and a duration overweight designed to benefit from falling interest rates.
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The Fund underperformed its benchmark in Q3 2025 due to off-benchmark equity and CLO exposures, but maintains a neutral risk posture with a rotation into BBs and a duration overweight designed to benefit from falling interest rates.
The Fund underperformed its high-yield benchmark in Q3 due to CLO equity and equity drags, but remains neutrally positioned with a rotation into BB-rated credits and stands to benefit from its duration overweight as rate cuts progress.
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The Fund underperformed its high-yield benchmark in Q3 due to CLO equity and equity drags, but remains neutrally positioned with a rotation into BB-rated credits and stands to benefit from its duration overweight as rate cuts progress.