Tuesday, 27 January 2015
Last updated 7 hours ago
Nov 8 2011 | 10:37am ET
Odey Asset Management's putrid 2011 took a break last month.
The firm's flagship European fund jumped 9.1% in October, Reuters reports. London-based Odey will have to repeat that return over the last two months of the year to pull itself out of the hole it dug earlier; the fund remains down about 15% year-to-date.
Odey was one of a number of European hedge funds to do well from October's equity market rally. Egerton Capital's European fund rose 4.1% on the month, and Polygon Investment Partners' Convertibles fund 2.27%. The latter fund is up 11.61% on the year. CQS and Horseman Capital also posted big returns.
Across the English Channel, Bernheim Dreyfus' Diva Synergy Enhanced Fund added 2.37% (down 7.42% year-to-date).
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…