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Hanbury’s Hedge Fund at Odey Writes Down Russia Bets to Zero

  • The money manager’s Brook hedge fund lost 10.6% last month
  • Crispin Odey made money, while Henry Steel’s money pool lost
The headquarters of Sberbank PJSC in Moscow. 

The headquarters of Sberbank PJSC in Moscow. 

Source: Bloomberg

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A hedge fund at a unit of Odey Asset Management has marked its Russian equity exposures down to “close to or at zero” after the country’s invasion of Ukraine.