Tuesday, 1 September 2015
Last updated 36 min ago
Feb 3 2012 | 12:27am ET
After losing more than 20% last year, Lansdowne Partners' flagship hedge fund needed a good start to 2012—and it got one.
The London-based firm's UK Fund rose 5.7% in January, well ahead of the less than 2% increase in the FTSE 100 index, Reuters reports. Lansdowne, one of Europe's biggest hedge fund managers, has about US$16 billion in assets.
The UK fund was burned last year by financial stocks. But fund managers Peter Davies and Stuart Roden have pledged to stick by the sector, predicting a bank stock rally this year.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…