Saturday, 2 August 2014
Last updated 10 hours ago
Nov 4 2013 | 12:11pm ET
Odey Asset Management will launch a new Europe-focused hedge fund, headed by portfolio manager Feras Al-Chalabi.
The new Irish-domiciled long/short fund will invest in European stocks, equity-related securities, debt and currencies, the firm said. It will be Al-Chalabi's first vehicle to feature a short book.
The fund will debut early next month.
Al-Chalabi currently manages Odey's CF Odey Continental European and European Allegra funds. The former is up 36.7% over the past three years.