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One of Europe’s Longest-Running Hedge Funds Is Quitting the Shorting Game

Lansdowne Partners is winding down its main long-short fund, emphasizing long-only investments and launching a new long-only fund.

London hedge fund Lansdowne Partners, one of the oldest such firms in Europe, is shutting down its main long-short fund and directing investors to switch to one of two long-only offerings, including a new fund it is launching.In a letter to investors in its Lansdowne Developed Markets Fund, the London-based

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