Sabtu, 25 Juni 2016

Betaville

Betaville

Is the tide turning for Odey the Brexiteer? - part 2

Posted: 25 Jun 2016 02:02 AM PDT

It looks like my story from yesterday was bang on the money.

Indeed, just a few hours after I published yesterday morning charming Crispin got on the front foot to go on the record about his recent strong performance in June and also from the result of the referendum.

In case you missed it, here are links to yesterday's follow up pieces:

http://www.bloomberg.com/news/articles/2016-06-24/-brave-brexit-decision-reflects-disaffection-says-crispin-odey-iptisg51

http://www.thetimes.co.uk/article/george-soros-among-the-big-winners-25wt7wfnj

So, I calculate that Odey might now be up by about 25pc given Bloomberg reported Odey's flagship European fund made 15pc out of the huge markets moves on Friday and the fund, according to my intelligence, was up 10pc in the run to the Brexit referendum.

Still, I'm not sure that recovers all of Odey's losses from over the last year but it's a good start!
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