Odey Up In June:Likes Samsung More Than Apple Inc. (AAPL)

Odey Asset Management rose when all others succumbed to underperformance. Odey Absolute Return churned a +1.1% return in June, increasing the gain for 1H2013 to +24%. Its flagship fund, Odey European has been doing equally well. The fund is among a handful of equity long/short strategies that worked its way through the maze of troubled stock and bond markets prevailing in June. Odey Absolute Return managed to return better than its peers because the short portfolio was up in almost all of its assets. The fund was up in short equities, equity futures and in shorts in government bonds as…