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.
Value factors dominated global equity markets in 2025, leaving growth and momentum behind outside the US. For 2026, WisdomTree advises focusing on high-quality dividend-growth in the US and value names in Europe and EM to navigate ongoing concentration risks.
Full Quick Take
Value factors dominated global equity markets in 2025, leaving growth and momentum behind outside the US. For 2026, WisdomTree advises focusing on high-quality dividend-growth in the US and value names in Europe and EM to navigate ongoing concentration risks.
Tweedy, Browne achieved strong absolute returns of 21.56% to 26.59% in 2025, while maintaining a highly disciplined, cautious value approach to navigate what they view as excessive US equity valuations and speculative AI hype.
Full Quick Take
Tweedy, Browne achieved strong absolute returns of 21.56% to 26.59% in 2025, while maintaining a highly disciplined, cautious value approach to navigate what they view as excessive US equity valuations and speculative AI hype.
The Global Value Fund delivered strong 2025 outperformance by maintaining a cautious outlook on mega-cap valuations while opportunistically allocating capital to undervalued software leaders and defensive value sectors.
Full Quick Take
The Global Value Fund delivered strong 2025 outperformance by maintaining a cautious outlook on mega-cap valuations while opportunistically allocating capital to undervalued software leaders and defensive value sectors.
East Capital delivered a strong year of alpha in 2024 through rigorous bottom-up stock selection in markets like India, Taiwan, and Vietnam, and views cheap emerging markets and Eastern Europe as highly attractive options for 2025 relative to an expensive US market.
Full Quick Take
East Capital delivered a strong year of alpha in 2024 through rigorous bottom-up stock selection in markets like India, Taiwan, and Vietnam, and views cheap emerging markets and Eastern Europe as highly attractive options for 2025 relative to an expensive US market.
