Fund Letter Links
Frontier / small EM
- https://www.pangolinfund.com/newsletters/pangolin-asia-fund/ (monthly, primarily for Indonesia)
- https://africanlionsfund.com/letters-to-investors/ (quarterly, africa)
- https://www.fieracapital.com/en-uk/strategies/frontier-markets/ (monthly factsheet available, frontier)
- https://vergent-am.cclgroup.com/ (quarterly, frontier / EM)
- https://www.frontauracapital.com/monthlycomments/ & https://www.frontauracapital.com/quarterlyletters/ (monthly and quarterly, frontier L/S, no commentary on names but on countries)
- https://www.tundrafonder.se/sv/news/categories/manadskommentar (monthly, frontier)
- https://www.eastcapital.com/funds/east-capital-global-frontier-markets?investor=Private (quarterly, frontier commentary - not that extensive)
- https://www.assetmanagement.hsbc.co.uk/en/institutional-investor/funds/lu0666200349?t=3 (no letter - monthly factsheets)
- https://www.coronation.com/en/institutional/strategies/africa-frontiers-strategy/#js-overview (quarterly commentary in factsheets)
- https://www.asiafrontiercapital.com/newsletter/monthly-newsletter.html (monthly newsletters and sporadic travel reports, frontier)
- https://www.vietnamholding.com/investors/library/ (monthly and quarterly, vietnam only)
- https://www.bluetowerasset.com/quarterly-factsheets-and-letters (quarterly, probably global mandate but was rather early in CGEO)
Global / Developed
- https://www.quercusfund.com/letters (quarterly, deep value guy)
- https://ennismorefunds.com/global-smaller-companies-fund/newsletters & https://ennismorefunds.com/european-smaller-companies-fund/newsletters (small cap, L/S, good writeups)
- https://www.hoskingpartners.com/insights (quarterly and sporadic notes)
- https://visioncapitalfund.co/fund-letter-and-documents (quarterly, open with graphs and holdings, owns SE US)
- https://www.biremecapital.com/blog (sporadic letters)
- https://east72.com.au/quarterly-reports/?ref=asiancenturystocks.com (quarterly, long)
- https://www.longriverinv.com/letters (quarterly and sporadic notes, HK based)
- https://marancapital.com/insights (quarterly, owns CTT)
- https://haydencapital.com/ (quarterly, owns SE US)
- https://www.gwinvestors.com/blog/ (publicly sporadic,owns CTT)
- https://www.meditationcapital.com/research-and-letters (quarterly, have owned BGEO)
- https://saltlightcapital.com/letters (quarterly, own global e-com players)
- https://www.whitefalconcap.com/letters (quarterly and sporadic blogs, own NU)
- https://www.fairlightcapital.com/investor-letters (quarterly)
- https://www.deepsailcapital.com/investor-letters (quarterly)
- https://caro-kann-capital.com/#research (quarterly, haypp shareholder, website not active but still send letters via distribution list)
- https://substack.com/@bristlemoon/posts (quarterly and sporadic posts, own for example MELI and classifieds)
- https://www.gcqfunds.com/investor-letter/ (quarterly, global quality)
- https://www.vltavafund.com/dopisy-akcionarum (quarterly, owns kspi, not sure its that sharp - evaluate)
- https://kathmandu-partners.com/projects (quarterly, owns kspi)
- https://jdpcap.com/ (quarterly, requires subscription, owns meli)
- https://www.rvcapital.ch/articles-en (semi annual, varying stuff)
Scandinavia
- https://www.proteanfunds.com/partner-letters (monthly, good reads)
- https://origofonder.se/en/news (monthly)
- https://coeli.com/our-funds/equity-strategies/coeli-european/?isin=LU1735828466 (monthly, europe, macro commentary)
- https://www.elementamanagement.se/dokument (monthly and quarterly, following Nepa)
- https://www.symmetry.dk/nyhedsbrev/ (semi annual)