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Q3 2025 Investor Letter

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Friends and Partners,


I’ve been thinking about the long road. And I’ve come to the conclusion that most fortunes in the investment industry don’t arrive in a straight line. They look slow for a while (actually, quite a while), and then impossibly fast. Years of groundwork, months of doubt, weeks of grind, and then one day the compounding speaks for itself. Let me say that this quarter felt like one of those days....




Important Disclaimer

This article is provided for informational and educational purposes only and should not be construed as an offer, solicitation, or recommendation to buy or sell any securities or investment products. The views and opinions expressed are those of Henriot Investment Management Ltd and do not constitute investment advice or a guarantee of future performance. Investors should conduct their own due diligence or consult a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results. Henriot Investment Management Ltd is not a licensed securities dealer, broker, U.S. investment advisor, or investment bank.


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