The rapid rise of AI hyperscalers has shaken confidence across the enterprise software landscape, raising fears that traditional platforms could be disrupted or commoditized as generative AI becomes more powerful and widely accessible. In recent months, those concerns have weighed heavily on software stocks, causing sharp pullbacks even among companies with long histories of growth,…
Aoris Investment Management, a specialized international equity manager, published its “Aoris International Fund” investor letter for the third quarter of 2025. A copy of the letter can be downloaded here. Global equity markets, represented by the MSCI AC World Accumification Index excluding Australia, rose 6.5% in AUD during the September quarter. In local currencies, gains…
Magellan Asset Management, an investment management company, published the Q3 2025 investor letter for the Magellan Global Fund. A copy of the letter can be downloaded here. The fund focuses on outstanding companies at attractive prices while leveraging a deep understanding of the macroeconomic landscape to manage risk. Measured by the MSCI World Index in…
