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 Seix High Yield Bond SMA strategy leverages strong corporate fundamentals and historically high yields to generate resilient risk-adjusted returns amid macroeconomic shifts. Despite heightened volatility from Middle East geopolitical conflicts and concerns over artificial intelligence disruption, the strategy maintains a constructive outlook on high yield credit, focusing on active selection of issuers with durable business models and conservative capital structures.
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The Seix High Yield Bond SMA strategy leverages strong corporate fundamentals and historically high yields to generate resilient risk-adjusted returns amid macroeconomic shifts. Despite heightened volatility from Middle East geopolitical conflicts and concerns over artificial intelligence disruption, the strategy maintains a constructive outlook on high yield credit, focusing on active selection of issuers with durable business models and conservative capital structures.
Sands Capital's International Growth strategy underperformed in Q3 2025 due to a sharp style rotation to value and multiple compression, but the managers proactively repositioned the portfolio into higher-conviction secular growth names.
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Sands Capital's International Growth strategy underperformed in Q3 2025 due to a sharp style rotation to value and multiple compression, but the managers proactively repositioned the portfolio into higher-conviction secular growth names.
Sands Capital Select Growth underperformed the benchmark in Q3 2025 with a 6.3% net return, but remains ahead YTD at 22.1%. The fund deployed capital into Oracle and Alphabet to optimize AI infrastructure exposure while maintaining high conviction in oversold software names.
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Sands Capital Select Growth underperformed the benchmark in Q3 2025 with a 6.3% net return, but remains ahead YTD at 22.1%. The fund deployed capital into Oracle and Alphabet to optimize AI infrastructure exposure while maintaining high conviction in oversold software names.
