After three years of waiting Crispin Odey, the vocal hedge fund manager has been rewarded for his bearish stance. According to the latest investor update of the OEI Mac fund for February, a copy of which has been reviewed by ValueWalk, the fund produced a positive performance for investors of 8% in the month.
Following this gain, the fund is now up 10% for the year, its best performance since December 2014 with OEI Mac produced a positive return of 14.8%. In the three years following Crispin Odey went on to lose 66%.
