Lansdowne duo stick to their guns despite 20% losses

Thu Jan 26, 2012

Read more:

Coming off the back of their worst-ever year, Stuart Roden and Peter Davies - co-managers of the big Lansdowne UK fund, which is soon to be renamed as the Lansdowne Developed Markets Fund - remain sanguine about prospects for their core holdings and their investment strategy in spite of the difficult market conditions and the fund's poor performance in 2011.

Beginning a detailed and insightful December newsletter with an apology to their investors for the fund's 20% loss last year - which marked its only significant down year in more than 10 years of otherwise spectacular performance - the pair admitted that the dominance of political and macro events in 2011 had taken them by surprise.

"Whereas our ability to exclude noise in assessing...


The full contents of this article are only available to active EuroHedge subscribers and trialists.

To continue reading please,
take a free trialsubscribe or log in to EuroHedge.


Subscribers have unlimited access to all current content, including hedge fund performance Live League Tables. Start your subscription today - click on the button below.

Subscribe now