Morgan Stanley Takes Slice of Top Hedge Fund Firm




Summary


ONE of the best-known hedge fund managers in London, Lansdowne Partners, has sold a 19% stake in itself to investment banking giant Morgan Stanley in a multi-millionpound deal.

The Mayfair-based partnership has a history of producing aboveaverage returns and for taking stakes in speculative situations.

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Morgan Stanley Takes Slice of Top Hedge Fund Firm

Perhaps its most famou...

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