Odey: Call On Savings Will Floor Risk AssetsRupert Hargreaves
September was a good month for the Odey Odyssey Fund. The fund gained 0.4% for the month, improving returns for the past 12 months marginally. After this positive performance, the fund has now only lost 15.9% over the past year and is down 14.1% year-to-date. Since inception, the fund has produced a CAGR of 0.1%.
Despite this lackluster performance, Odyssey's portfolio managers Tim Bond and Dipankar Shewaram believe that its only a matter of time before the fund's short bets start to produce results as central banks begin to unwind their balance . . .
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