The Odey Special Situations Fund Slides In 2022 But Is Primed For Growth

The Odey Special Situations Fund declined – 0.3% in November, according to a copy of its monthly investor update, which ValueWalk has been able to review. Following this performance, the $94 million fund has returned – 12.4% year-to-date. It remains 2.16% ahead of its benchmark, the MSCI World Index, for the year. In the November update, the fund’s manager, Adrian Courtenay, says that “detraction periods” often lay the seeds for future success, and that’s the position he believes the fund now finds itself in, primed for growth over the next three years. Winners and Losers in a Tough Period At…