Odey Says Oil Will Burn Bond And Sovereign Wealth Funds

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HFA Staff
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One of Crispin Odey’s long-biased funds made a spectacular return in November of last year. According to a fund report seen by ValueWalk, Odey OPUS returned 6% in November of 2014, pushing the total gain for the year to +4.7%. Most of Odey’s hedge funds had a bad start to 2014, however, the latter half was more promising as we noted in an update on the flagship Odey European Inc. New investors grazing stocks Despite the good month, Crispin Odey’s market commentary conveyed annoyance at the current trends in the stock market and investment community. Odey said that equities are being…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.