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Lansdowne Partners’ flagship hedge fund draws shutters on shorting, switching focus to long-only investing

Lansdowne Partners’ flagship hedge fund draws shutters on shorting, switching focus to long-only investing

Lansdowne Partners, the long-running London-based hedge fund firm, is restructuring its flagship Developed Markets Fund to focus solely on long-only investments, and will no longer employ short-selling in the strategy, in a major shift in focus for the high-profile manager.