Friday, 27 November 2015
Last updated 1 day 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…