Odey, European Funds Rise In Oct.

Nov 8 2011 | 11:37am 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).


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of