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Vulcan Value Partners Q4 2025 Letter

Portfolio Review All of our strategies had positive returns for the year. These results are detailed in the table below.

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Is the US about to screw SWFs?

Just ahead of Christmas, the US Inland Revenue Service dropped a bunch of proposed changes to Section 892 of the

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New pope elected as white smoke appears over Vatican

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

The case for universities

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

Live news: Donald Trump to announce trade deal with UK

The Bank of England has cut interest rates by a quarter point to 4.25 per

Invesco EQV European Equity Fund Q1 2025 Commentary

This article was written byFollowInvesco is an independent investment management firm dedicated to delivering an

Bill Gates accuses Elon Musk of ‘killing’ children with USAID cuts

Billionaire philanthropist Bill Gates ratcheted up his feud with Elon Musk, accusing the world’s richest

OpenAI still has a governance problem

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Pakistani drone attacks ‘neutralised’, says India, as skirmishes escalate

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

Donald Trump’s tariffs will boomerang on US exporters

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

BlackRock orders managing directors back to the office five days a week

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

Donald Trump offers to mediate as India-Pakistan conflict spirals

Donald Trump’s administration is pushing to prevent Indian missile strikes against Pakistan from spiralling into

Investors are misjudging Donald Trump’s resolve on tariffs, Pimco warns

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Swatch investor takes aim at family behind Omega and Longines

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

EU capitals want retaliation against Donald Trump delayed to avoid Nato summit clash

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Donald Trump to announce trade deal with UK

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means

China’s Xi attacks US ‘hegemony’ ahead of Putin summit

Xi Jinping has drawn a parallel between modern-day US “hegemony” and the “arrogant fascist forces”