Odey Jumps On Energy And Inflation Trades

Brook Asset Management’s LF Brook Continental European Fund returned 3.6% in the third quarter of 2021. According to a copy of the firm’s quarterly commentary, which ValueWalk has been able to review, the $162 million fund has returned 18.9% year-to-date. Since its inception in April 1997, the fund has yielded a compound annual growth rate for investors of 11.4%. Its benchmark, the MSCI Daily TR Net Europe index has returned 11% year-to-date and 7.3% annualized since April 1997. Earlier this year, Odey Asset Management rebranded most of its investment funds under the Brook brand. At the time of the transfer,…