Friday, 31 October 2014
Last updated 9 hours ago
Nov 20 2012 | 1:59pm ET
Odey Asset Management's strong 2012 continued last month, when the hedge fund posted a well-above-average 4% to bring its year-to-date returns to 28%.
The US$545 million UK Absolute Return Fund profited from bets on Sports Direct International, Sky Deutschland and a short bet against Apple Inc., ValueWalk reports.
Odey's other funds are doing less well, but were still up, both in October and on the year. The Opus Fund added 2% last month and is up 5.6% on the year, while the firm's Continental Fund rose 2.5% in October and is up 5.4% on the year.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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