As we review the past year—and the last three years—we want to share our perspective on a market environment that has tested the discipline of many investors. While the headlines have been dominated by narrow momentum, we have remained steadfast in our core investment philosophy. In our fourth quarter review, Harry Segalas (CIO) discusses why we do not chase trends and how we have used recent volatility to capitalize on the opportunities presented to us.
We are confident in the portfolio we own today and believe the building blocks for durable growth are firmly in place for the times ahead.
To read more, download the full Fourth Quarter 2025 Investment Perspective.