British Hedge Fund Lansdowne Racks Up Multiple Losses Across Funds

Discussion in 'Wall St. News' started by dealmaker, Mar 16, 2020.

  1. dealmaker

    dealmaker

    British Hedge Fund Lansdowne Racks Up Multiple Losses Across Funds: Data (Reuters)
    LONDON (Reuters) – Lansdowne Partners, one of Britain’s best-known hedge fund firms, lost money on several of its strategies between the start of the year and early March amid the coronavirus market slump, according to data compiled by HSBC. Lansdowne’s $3.9 bln Developed Markets Fund lost 1.3% in the month to March 6 and 12.1% for the year-to-date, according to HSBC’s data, which was seen by Reuters.
     
  2. taojaxx

    taojaxx

    Well, market's down 25% YTD, so minus 12.1% ain't that bad.