Crispin Odey Opens His Hottest Hedge Fund to External Clients
- The Odey Concentrated Natural Resources fund has returned 32%
- Most of the returns have come from short selling shares
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Crispin Odey, whose main fund has seen excruciating losses and spectacular gains, is opening up his firm’s best performing money pool to external investors.
The Odey Concentrated Natural Resources fund, managed by Henry Steel, has gained 32% since inception in March through the end of August, according to an investor update seen by Bloomberg. The MSCI Natural Resources index lost 7.7% during the period.