Odey Down 33.4 Percent YTD Holds Tight; Warns Of Major Recession AheadRupert Hargreaves
Crispin Odey’s flagship Odey European fund is currently in the midst of one of its worst years on record.
Odey’s OEI MAC fund, which invests in Odey’s European fund, lost 8.9% during April, according to a letter to investors reviewed by ValueWalk. This performance compares to the MSCI Daily TR Net Europe USD return of +2.4% and a MSCI Daily TR Net Europe GBP return of +0.5% for the same period.
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