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...

ISSN: 2151-1845 / CDC10004H

TAKE A FREE TRIAL

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.

Subscribe

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