Lansdowne’s Developed Markets Fund Up 21.2% YTD; NatWest, BAE & Lloyds Are Top Holdings

Developed Markets Fund from Lansdowne Partners seeks to provide investors with long-term capital appreciation through investments in developed markets. The cornerstone of its strategy is rigorous bottom-up research in identifying the best investment picks. The portfolio consists of 25 to 40 holdings, with exposure to a specific industry up to 35%.

The fund was founded in December 2023 and is managed by Peter Davies, Jonathan Regis, and Nigel Hikmet. Its assets under management (AUM) are $422 million, while the benchmark used to assess performance is the MSCI World TR Index.

In its latest factsheet, the management disclosed that the fund generated a 9.8% gain during May, with performance hitting 21.2% year-to-date. In comparison, the MSCI World TR Index delivered 5.9% during May,...