Lansdowne Partners’ clean energy fund got slammed in March, but its oil-focused fund is up for the year despite plummeting crude prices

Lansdowne Partners’ clean energy fund got slammed in March, but its oil-focused fund is up for the year despite plummeting crude prices

London-based Lansdowne Partners had a high-flying clean-energy fund that beat the overall market in 2019, when stocks soared, but the fund was one of many hit hard by a tough March.. The firm's larger Energy Dynamics fund is up for the year and didn't lose money in March, despite investing in more traditional energy sources like oil, which has seen prices crash.. Sources say the fund fell more than 18% in March through March 27 after coming into the month roughly flat.. The glut's impact has created some fortunes with hedge funds like Massar Capital betting against the oil and profiting..