London-based hedge fund Odey Asset Management, run by Crispin Odey, has received the green light of Spanish financial market authority CNMV on 27 July 2018 for the distribution of the LF Odey Funds range – a UK-domiciled ICVC – in Spain, InvestmentEurope has learned. The range shelters the long-short Ucits LF Odey Absolute Return fund […]
The latest monthly update of highly rated funds on the SharingAlpha platform has highlighted the Belgravia Épsilon, PIMCO GIS Global Bond and Odey Absolute Return funds as joining the list of top rated funds, as selected by the platforms users constituting professional fund selectors across Europe and beyond. The list of 10 most highly rated funds […]
London-based boutique Odey Asset Management has appointed Dipankar Shewaram within its investment team. He will work alongside Tim Bond managing the Odey Odyssey Fund, a long-short equity strategy. Shewaram was most recently a strategic consultant adviser to Glendevon King Asset Management and Lincoln Private Investment Office. Formerly, he has been head of Non US Credit at Western […]
Oliver Kelton, who manages the €1.5bn Waverton European Fund, has moved both himself and his fund to Odey Asset Management. The move increases Odey’s AUM to some €15bn. At Odey, Kelton will join founder Crispin Odey alongside James Hanbury, Tim Bond and Feras Al Chalabi. Crispin Odey said: “It is a tribute to Odey that […]
US airlines and housebuilders were among the stocks on Crispin Odey’s buy list in the first quarter as the hedge fund star looks to tap into the US economic recovery.
Odey Asset Management has confirmed the launch of a UCITS version of Crispin Odey’s flagship hedge fund strategy.
Crispin Odey, founder of Odey Asset Management, fears for Europe’s economic future but believes if volatility can be tamed, he can give investors solid returns this year. He sees value in US stocks.
A group of hedge funds, including those run by Odey Asset Management, had a combined $1bn invested in JP Morgan Chase which suffered a near 10% drop in its share price on Friday.
Skandia Investment Group has awarded Tim Steer of Artemis a £38m mandate with the Skandia Global Best Ideas fund, and a £24m mandates for the UK Best Ideas fund, replacing Audrey Ryan of Kames Capital.
More than half of UK absolute return funds fail to beat inflation
Ongoing issues at German banks are causing more asset managers concerns, but not deterring them from upbeat assessments of the economy’s outlook nor of expecting outperformance from its equities.
Eminent UK hedge fund manager Crispin Odey, founder of Odey Asset Management in 1991, has warned Germany faces the highest inflation rates of all European economies in the next year.