Supermarket sweep helps Lansdowne to strong finish

UK hedge fund manager's flagship strategy had a successful second half of the year, boosted by short positions in Tesco and other supermarket stocks

Peter Davies and Stuart Roden
Peter Davies and Stuart Roden

Lansdowne Partners' flagship developed markets hedge fund had a storming finish to the year, boosted by a short position in struggling Tesco.

The fund, with around $15 billion under management, ended 2014 up 11.7%, according to investors.

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