Generally, L/S is either Australian or Global. But by definition, global includes Australia. Typically, however, the Australian exposure is pretty minimal. For LICs, think PMC, APL, PGF and VG1. Some, however, are primarily Australian but with some international, like ALF and CDM.
If however, you meant mixing Australian L/S with global long only, not, never seen it in either LICs or funds. Wouldnt really make sense to have a split mandate imo.
