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 Brandes Core Plus Fixed Income Fund returned 0.92% in Q4 2025, underperforming its benchmark. Due to tight credit spreads, sticky inflation, and stress in private credit, the fund is positioned defensively with short duration and a large Treasury cushion.
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The Brandes Core Plus Fixed Income Fund returned 0.92% in Q4 2025, underperforming its benchmark. Due to tight credit spreads, sticky inflation, and stress in private credit, the fund is positioned defensively with short duration and a large Treasury cushion.
