This Former Odey Fund Is Struggling In 2021

Giano Capital was down 2.8% for November, bringing its year-to-date return to -3.5%. The S&P 500 declined 0.8%, while the Eurostoxx fell 4.6% during the month. Q3 2021 hedge fund letters, conferences and more Giano Capital is a €10 million fund with its flagship strategy having €23 million in assets under management. The long/ short equity fund was part of Odey Asset Management until fund manager Michele Ragazzi departed in 2018, taking the fund with him. It invests primarily in European equities and is managed by Ethus, which utilizes a quant model. The Worst Move Since The Internet Bubble In…