Hedge Fund News From HedgeCo.Net


Crispin Odey Bets on Banks as Hedge Fund Yields 24%

(Bloomberg) Crispin Odey is fumbling around a storage room in a Georgian town house in London’s Mayfair district, home to Odey Asset Management LLP, his $7 billion hedge-fund firm.

Clattering through old computers, boxes of books and forgotten oil paintings that lent a genteel air to his offices, he’s fishing for the book that shows he was one of the earliest investors to spot the financial crisis, Bloomberg Markets will report in its February issue.

Odey emerges from the room brandishing “Crunch Time for Credit?,” a 250-page report he commissioned and had published in 2005 charting the emergence of a credit bubble and predicting a market collapse.

“See how terrible we are!” Odey says with undisguised sarcasm. “We were too early!”

Read Full Story Here

Related Posts Plugin for WordPress, Blogger...

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>