Lansdowne Partners, one of London's largest hedge funds, is known for putting big bets against some big companies. The fund is now betting against Unilever plc (NYSE:UL) (LON:ULVR), one of the largest consumer discretionary companies around the globe. Currently the short position amounts to $325 million (as of yesterday's closing price), or 0.6% of Unilever's outstanding shares. The position was disclosed in mid-February and increased in late March.
Unilever is Lansdowne’s bet against emerging markets
The best guess for the fund's thesis regarding this short would be the slowdown in emerging markets....
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