Lansdowne Partners Predicting Big Disruption Bets $500 Million Against VolkswagenVW Staff
We mentioned in a previous update on the Lansdowne Developed Markets Fund that it had a new short position in an automotive company. Now we know which company the fund was talking about. Lansdowne Partners initiated a short position in German automaker Volkswagen in early February. And this is no small bet: Lansdowne is betting half a billion dollars that Volkswagen shares will fall.
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