Crispin Odey’s European fund was up 13.4% for August on the back of top holdings in shorts and longs on different U.K. Treasury Gilts, gold futures and commodity stocks. The fund’s year-to-date performance stands at an impressive 135.1% after the August return. Of note, most hedge fund indices are barely flat, if not up or down less than 5% to 10%, illustrating the weakness present in the returns of most hedge funds. The Odey European fund’s benchmark, the MSCI Daily TR Net Europe was down 4.9% for August and is down 11.8% year to date. Q2 2022 hedge fund letters,…
Crispin Odey Is Killing It In 2022 With A 135 Percent YTD Return [Exclusive]
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.