Crispin Odey's Flagship Hedge Fund Plummeted About 20% in 2017

Crispin Odey’s European long-short equity fund deepened its losses in December, pushing its decline for 2017 to more than 20 percent, according to a performance document seen by Bloomberg News.

The Odey European fund, which is overseen by the hedge-fund manager himself in London, fell 8.2 percent in its euro share class in December, the document shows. This follows the firm’s 49.5 percent slump in 2016, its worst annual decline since it started trading in 1992.