Some of Lansdowne’s Funds Are Making Money This Year. Its Biggest Ones Are Not.

The London hedge fund firm’s main funds are digging out of a deep hole.

London, United Kingdom. (Jason Alden/Bloomberg)

London, United Kingdom.

(Jason Alden/Bloomberg)

Lansdowne Partners did a good job in the second quarter digging out of the huge hole in its main hedge funds. Even so, they remain in negative territory for the year.

One stark example: The Lansdowne Developed Markets Long Only Fund rose 13.5

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