US airlines and housebuilders were among the stocks on Crispin Odey's buy list in the first quarter as the hedge fund star looks to tap into the US economic recovery.
Odey Asset Management has confirmed the launch of a UCITS version of Crispin Odey’s flagship hedge fund strategy.
Crispin Odey, founder of Odey Asset Management, fears for Europe’s economic future but believes if volatility can be tamed, he can give investors solid returns this year. He sees value in US stocks.
A group of hedge funds, including those run by Odey Asset Management, had a combined $1bn invested in JP Morgan Chase which suffered a near 10% drop in its share price on Friday.
Skandia Investment Group has awarded Tim Steer of Artemis a £38m mandate with the Skandia Global Best Ideas fund, and a £24m mandates for the UK Best Ideas fund, replacing Audrey Ryan of Kames Capital.
Fifteen years ago, two hedge fund traders working for Credit Suisse were approached by Crispin Odey to replicate his successful asset management business for private clients. The result was Odey Wealth in Guernsey.
Fifteen years ago, two hedge fund traders working for Credit Suisse were approached by Crispin Odey to replicate his successful asset management business for private clients. The result was Odey Wealth in Guernsey, one of two wealth management offshoots...
More than half of UK absolute return funds fail to beat inflation
Ongoing issues at German banks are causing more asset managers concerns, but not deterring them from upbeat assessments of the economy’s outlook nor of expecting outperformance from its equities.
Eminent UK hedge fund manager Crispin Odey, founder of Odey Asset Management in 1991, has warned Germany faces the highest inflation rates of all European economies in the next year.