This Odey Cub Has 60% Of Long Exposure In One Stock
Michele Ragazzi's Giano Capital returned 1% in July, taking the fund's year-to-date performance to 0.3%.
Since its inception, Ragazzi's flagship fund has produced a compound annual return of 8.5%, according to a copy of its July investor update, which ValueWalk has been able to review.
Giano Capital was set up in 2018 after Ragazzi quit Crispin Odey's Odey Investment Management. Its flagship strategy has assets under management of €26 million. He previously managed the long/short Odey Giano European fund. Prior to that, he was a partner and portfolio manager at Newman . . .
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