Is the tide turning for Odey the Brexiteer - part 3

Tuesday, 5 July 2016, 12:00 am

So, it would appear Crispin Odey hasn't done as well as one might have expected from Brexit.

Mayfair types tell me Odey's flagship European fund is only up 6.8pc for the month of June.

I guess the 10pc market move higher since the post Brexit sell off hasn't helped Odey's short positioning based on his extremely bearish outlook.

That means year to date Crispin's fund is still down 26.5pc, according to one chap familiar with figures.

Perhaps the tide isn't turning after all for the charismatic hedge fund manager?..

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