Thursday, 31 July 2014
Last updated 18 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).
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…