The recent sale of 4.94 million Goldman shares, revealed by The Telegraphfor the first time, will come as a further blow to the investment bank, which recently saw its shares hit levels not seen since spring 2009 after disappointing second-quarter results.
It marks a sizeable bet against the investment bank by the hedge fund, which sat on the top 20 list of Goldman investors, given the stake equated to almost 10 percent of the $10 billion funds Lansdowne has under management.