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 fund delivered strong outperformance in Q4 2025 driven by rate positioning and currency exposure. The outlook remains constructive for 2026 as global policy easing and a weakening US dollar support emerging market local debt.
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The fund delivered strong outperformance in Q4 2025 driven by rate positioning and currency exposure. The outlook remains constructive for 2026 as global policy easing and a weakening US dollar support emerging market local debt.
The Invesco International Bond Fund outperformed in Q4 2025 due to strong interest rate positioning. The managers expect a weakening US dollar and diverging global monetary policies to create an ideal environment for active international bond selection.
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The Invesco International Bond Fund outperformed in Q4 2025 due to strong interest rate positioning. The managers expect a weakening US dollar and diverging global monetary policies to create an ideal environment for active international bond selection.
abrdn Emerging Markets Fund returned 11.78% in Q2 2025, slightly lagging its benchmark. Despite drag from Chinese consumer weakness and Indian corrections, the fund remains constructive on EMs due to secular AI tech demand and currency tailwinds from a declining US dollar.
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abrdn Emerging Markets Fund returned 11.78% in Q2 2025, slightly lagging its benchmark. Despite drag from Chinese consumer weakness and Indian corrections, the fund remains constructive on EMs due to secular AI tech demand and currency tailwinds from a declining US dollar.
Ameliora remains cautious on US assets due to structural debt burdens, extreme market greed, and recession signals, shifting its preference toward European equities, gold, and long-term themes in Japan and India.
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Ameliora remains cautious on US assets due to structural debt burdens, extreme market greed, and recession signals, shifting its preference toward European equities, gold, and long-term themes in Japan and India.
