Skip to content

Odey’s Hedge Fund Gains Surge to 193% on UK Market Turmoil

  • His fund has benefited from short bets against gilts, pound
  • His hedge fund’s best annual performance was 60% in 1993
Crispin Odey
Crispin OdeyPhotographer: Hollie Adams/Bloomberg

Crispin Odey’s best year ever went to a new level amid tumultuous markets last month.

His hedge fund soared about 25% in September, benefiting from his long-running short bets against UK government bonds and pound amid wild volatility sparked by Prime Minister Liz Truss’s plans to enact large-scale tax cuts.