Lansdowne’s Main Fund Fell as Brexit Vote Jolted Global Markets

(Bloomberg) Lansdowne Partners, one of Europe’s largest hedge fund firms, saw its biggest fund lose money last week as the U.K.’s vote to exit the European Union roiled markets.

The fund, which bets on and against stocks and was one of the best performers globally last year, extended losses this month to 4.1 percent as of June 24, according to an investor update seen by Bloomberg. The fund had been down about 1.8 percent for the month through June 17.

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