Odey Flagship Nearing 30% Return

Nov 20 2012 | 2:59pm 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.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

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

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of