Odey Readies New European Hedge Fund

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.

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