Hedge fund manager Crispen Odey posted monster numbers in September on the back of strong trends in the currency markets as the portfolio manager of more than $11 billion says the markets are at last reacting to reality. Odey Asset Management’s USD class fund returns 13.3% to investors Odey Asset Management’s USD class fund returned 13.3 percent to investors in September as the GBP “B” class fund delivered 16 percent returns during a month when the MSCI European index was down 3.8 percent (US dollar adjusted returns). “Finally, in September markets gave up taking bad news as good news,” as…
Odey Posts Dramatic September Returns As Trend Is His Friend
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.