Brexit-supporting Crispin Odey might think that Betaville has got it in for him as this website has run a 20-part series highlighting the veteran hedgie's travails with his flagship Odey European Fund...
The Wall Street Journal reports that Crispin's letter to investors show his flagship long/short European Fund is down 10pc for July. Below is the link the WSJ piece:
https://www.wsj.com/articles/hedge-fund-managers-bearish-bets-backfire-again-1502111864..
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...
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...
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...