Odey’s Special Situations Fund hit a home run with energy stocks in August [Exclusive]

The Odey Special Situations Fund did incredibly well in August, returning 7.7% versus its benchmark, the MSCI World USD Index, which fell 4.2%. Year to date, the Odey fund is down 4.4%, but that negative return is still 13.4% ahead of its benchmark, which is down 17.8% for the first eight months of the year. Market Forces In his August letter to investors, which was obtained by ValueWalk, Odey Portfolio Manager Adrian Courtenay said he believes the recent improvements in the fund’s return indicate the potential for robust returns for the rest of the year. He noted that security prices…