Posts tagged: Crispin Odey

Is the tide turning for Odey the Brexiteer? - part 18

Thursday, 20 July 2017, 9:31 am

Things are looking up for Crispin Odey, the charming hedge fund manager and leading City Brexiteer.

Since little old Betaville's last update the old buffer's flaghsip Odey European fund has recovered slightly and is no longer on HSBC's top 20 hedge fund loserboard (which came out earlier this week)...

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Top of the market - the series returns - part 6

Saturday, 24 June 2017, 5:23 pm

Stockmarket cassandras at Bank of America Merrill Lynch and JP Morgan were out in force yesterday, warning of impending market crash.

So, several leading British newspapers, such as The Times, took those warnings seriously by splashing their business sections on the strategists' gloomy predictions. Here is a link to today's piece in the The Times: ..

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Is the tide turning for Odey the Brexiteer? - part 17

Tuesday, 9 May 2017, 10:52 am

The football scores are in (also known as the HSBC Hedge weekly returns). And it would appear the Odey European Fund has crept back onto the top 20 loserboard - Crispin's flagship fund is now down 7.82pc for the year to April 21, 2017, according to HSBC.

The news comes after The Sunday Times Rich List, compiled by the excellent Robert Watts, revealed last weekend that the charming buffer had slipped down that particular league table, losing £125 million last year...

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Is the tide turning for Odey the Brexiteer? - part 6

Wednesday, 17 August 2016, 9:00 am

Things have gone from bad to worse for the charasmatic Crispin this year. It's clear the Brexit bounce (following the market sell off) for his flagship European fund was only temporary and now he is down 29.2pc (according to the latest investment letter seen by little old Betaville).

Still, what's impressive is that rather than capitulating Odey is backing his overall bearish outlook by sticking most of his fund in gold. Punchy!..

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Is the tide turning for Odey the Brexiteer? - part 5

Friday, 22 July 2016, 10:45 pm

It turns out Brexit has in fact be rather painful for Crispin Odey, the charming fund manager who campaigned for Britain the leave the European Union.

Stock markets might have crashed the days after the referendum result but since then equity and bond markets have rallied substantially. In particular, London-listed equities that generate earnings abroad have been in serious demand, driving the FTSE 100 to an 11-month high this week...

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Is the tide turning for Odey the Brexiteer? - part 4

Friday, 8 July 2016, 12:00 am

Strolling down Mount Street (which is in the heart of Mayfair, one of the most salubrious parts of London) at 16:45 yesterday I spotted the charasmatic Crispin Odey chatting to a grey-haired friend (or business contact?).

Dressed in a blue (linen?) suit the fund manager from the upper eschelons of British society appeared to be on top form, laughing and smiling during his roadside chat with the grey haired bloke...

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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...

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