The Odey Special Situations Fund was up 2.49% for August, in line with the MSCI World USD Index, which also returned 2.49%. Year to date, the fund is up 3.4%, although it’s underperforming the index, which is up 17.94% year to date. Q2 2021 hedge fund letters, conferences and more Moving Forward The Odey team believes the fund will see improving returns throughout the rest of the year. In his August letter to investors, which was reviewed by ValueWalk, Adrian Courtenay said over the last six months, they have decided to increase their analysis of every position. They reduced the…
Odey’s Adrian Courtenay Explains Why Merger Arbitrage Is Such A Good Strategy
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.