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.
Pangolin Asia Fund's NAV fell 3.50% in June 2025, bringing YTD performance to -6.92% due to underperformance in Bermaz Auto and Indonesian consumer stocks. However, the manager remains highly constructive, arguing that underlying business fundamentals remain robust and valuations across ASEAN represent generational buying opportunities.
Full Quick Take
Pangolin Asia Fund's NAV fell 3.50% in June 2025, bringing YTD performance to -6.92% due to underperformance in Bermaz Auto and Indonesian consumer stocks. However, the manager remains highly constructive, arguing that underlying business fundamentals remain robust and valuations across ASEAN represent generational buying opportunities.
