Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Philip Morris International (PM) Contributed to Andvari Associates’ Q1 Performance

Andvari Associates, an investment management firm, released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter the fund returned 7.2% net of fees compared to the SPDR S&P 500 ETF’s 4.3% decline. In addition, you can check the fund’s top 5 holdings to find out its best picks for 2025.

In its first quarter 2025 investor letter, Andvari Associates emphasized stocks such as Philip Morris International Inc. (NYSE:PM). Philip Morris International Inc. (NYSE:PM) tobacco company working to deliver a smoke-free future. The one-month return...