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.
TCW's EM Income Fund outperformed by 137bps in Q2 2026, driven by high yield selection and overweights in Ukraine, Egypt, and Argentina. The managers are constructive on EM debt given superior fundamentals versus Developed Markets, elevated real yields, and expected dollar weakness. They increased high yield exposure to +14.58% and added to Egypt, Indonesia, Mexico, and India while trimming Turkey and Colombia.
Full Quick Take
TCW's EM Income Fund outperformed by 137bps in Q2 2026, driven by high yield selection and overweights in Ukraine, Egypt, and Argentina. The managers are constructive on EM debt given superior fundamentals versus Developed Markets, elevated real yields, and expected dollar weakness. They increased high yield exposure to +14.58% and added to Egypt, Indonesia, Mexico, and India while trimming Turkey and Colombia.
Blue Tower's Global Value strategy delivered a strong 22.27% net return in 2024, driven by a Q4 rally in financial stocks like Enova. The manager remains constructive on global opportunities, focusing on the broader, long-term economic impacts of AI transformation and potential geopolitical resolutions in Ukraine.
Full Quick Take
Blue Tower's Global Value strategy delivered a strong 22.27% net return in 2024, driven by a Q4 rally in financial stocks like Enova. The manager remains constructive on global opportunities, focusing on the broader, long-term economic impacts of AI transformation and potential geopolitical resolutions in Ukraine.
