Wednesday, 1 April 2015
Last updated 5 hours ago
May 29 2013 | 12:03pm ET
Odey Asset Management has returned as much in four-and-a-half months this year as it returned all of last year.
The London-based hedge fund's performance is made all the more impressive as its European Fund rose 24.1% in 2012. But it's done even better through May 14 of this year, returning 25% over the period, ValueWalk reports.
The first half of this month has been particularly strong, as Odey European was up just 16.5% at the end of April. Among the firm's best bets on the year have been shorts against mining companies and a lack of enthusiasm about gold.
Firm founder Crispin Odey told investors on a conference call that he was bullish on the U.S. housing market, and criticized German shareholder policies.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…