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 returned 2.80% in 2Q 2025, lagging the broader market as it navigated tariff-induced volatility, raised its cash position to 9%, and trimmed several core holdings while adding to high-conviction life sciences.
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The Fund returned 2.80% in 2Q 2025, lagging the broader market as it navigated tariff-induced volatility, raised its cash position to 9%, and trimmed several core holdings while adding to high-conviction life sciences.
Mawer's Q2 2025 report highlights positive absolute performance across its balanced portfolios, buoyed by defense and Canadian small cap gains, while shifting assets out of U.S. equities to improve global diversification amid macro and valuation uncertainties.
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Mawer's Q2 2025 report highlights positive absolute performance across its balanced portfolios, buoyed by defense and Canadian small cap gains, while shifting assets out of U.S. equities to improve global diversification amid macro and valuation uncertainties.
The Balanced Fund returned 2.66% in H1 2025, lagging its benchmark due to specific equity setbacks, but capitalized on market volatility to add high-conviction names like Amazon while upgrading overall portfolio credit quality.
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The Balanced Fund returned 2.66% in H1 2025, lagging its benchmark due to specific equity setbacks, but capitalized on market volatility to add high-conviction names like Amazon while upgrading overall portfolio credit quality.
The Northern Funds International Equity Fund returned 12.41% in Q2 2025, outperforming its benchmark through strong momentum exposure and sector stock selection despite style headwinds for value and quality.
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The Northern Funds International Equity Fund returned 12.41% in Q2 2025, outperforming its benchmark through strong momentum exposure and sector stock selection despite style headwinds for value and quality.
