Odey Has Big Gains As Bearish China Bets Pay Off

HFA Padded
Rupert Hargreaves
Published on
Updated on

After a rough start to the year, Crispin Odey’s flagship Odey European fund ended 2015 on a strong note, although the fund has been left nursing heavy losses for the full-year. Odey’s OEI MAC fund, which invests in Odey’s European fund, was up 4.2% on a USD basis for December, according to a letter to investors reviewed by ValueWalk. This performance compares to the MSCI Daily TR Net Europe USD return of -2.6% and a MSCI Daily TR Net Europe GBP return of -0.5% for the same period. For the full-year Odey’s OEI MAC fund lost 21.3% compared to the MSCI Daily…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk