Lansdowne Up Almost 6% In Jan.

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.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of