Investment management company First Pacific Advisors recently released its “FPA Crescent Fund” first-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Fund (Institutional Class) returned -1.55% in the first quarter, while achieving a 16.06% gain in the trailing twelve months. Its twelve-month return was 80.3% of the global market (MSCI AWCI), outperforming its average net risk exposure of 63.8% during the same period. In addition, please check the Fund’s...
Aon (AON) Slid on Slowing Organic Revenue Outlook
