Crispin Odey's OEI Mac fund produce yet another positive performance for investors for the month of June. According to the firm's monthly fact sheet, OEI Mac produced a return of 3.3% in the month of June, taking the year-to-date return to 23.8%, the fund's best performance since 2013 and making up for some of the losses incurred over the past two years. In 2017 and 2016 OEI Mac lost 22.3% of 49% respectively.
This year, Odey has profited from his short position on UK government debt, which currently accounts for -129.5% notional exposure of the overall fund.

Odey believes the world is heading towards an aggressive about of inflation brought about by central...

