(Bloomberg) Crispin Odey, fighting to recover from three successive years of losses in his main hedge fund, made money last month as his long-running bearish bets paid off. The Odey European Inc. fund gained 7.2 percent in October, boosting returns for this year to 48.4 percent, according to an investor update seen by Bloomberg. It hasn’t lost money in any month this year. A spokesman for London-based Odey declined to comment.
Odey’s October Gains Boost Hedge Fund Returns to 48% This Year
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