(Bloomberg) Crispin Odey’s main hedge fund lost 22 percent during the first 14 days of March and is on course to record one of its worst monthly performances, according to two people with knowledge of the matter.
The loss leaves Odey European Inc. fund down 25.5 percent this year through March 14, the people said, asking not to be identified because the information is private. The MSCI Europe Index was down 3.7 percent, while the HFRX Equity Hedge Index dropped by 3.8 percent during the period. The fund’s worst month was April 2015, when it lost 19.3 percent.
