Skip to content
Subscriber Only

Crispin Odey Hedge Fund’s Losses Deepen to 17.9% in First Half

  • Flagship’s loss compares with 3.5% slide across the industry
  • Odey’s main fund has $624 million of assets under management

Crispin Odey’s flagship hedge fund slumped to a 17.9% loss in the first half.

The Odey European Inc. Fund fell in five out of six months, including a 7.3% drop in June, wiping out a surge during the market sell-off in March, according to a letter to investors seen by Bloomberg. Odey’s losses compare with a 3.5% slide across the industry that was led by led by event-driven and equity hedge funds, according to preliminary figures from the Bloomberg Hedge Fund Indices.