Is the tide turning for Odey the Brexiteer? - part 16

Friday, 28 April 2017, 5:58 pm

Charming hedgie Crispin Odey is still struggling to turn things around at his Odey European Fund. According to the latest hedge fund rankings from HSBC, the Brexiteer's flagship fund is down just over 6.19pc for the year to date.

And Bloomberg reported recently that he told his investors he feels "lonely" being so bearish. Here is a link: https://www.bloomberg.com/news/articles/2017-04-20/hedge-fund-manager-crispin-odey-says-it-s-lonely-being-bearish

Still, I guess -6pc is nowhere as bad as the last couple of years. In 2016, the old buffer's fund plunged 49.52pc and the year before that it tumbled 12.82pc!..

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