Crispin Odey's comeback is starting to look a lot more secure. The ultra-bearish hedge fund manager, who made a fortune calling the financial crisis, but has since struggled, is sitting a run of good luck not achieved since 2013.
After losing 22% in 2017 and 49% in 2016, Odey Asset Management's OEI Mac fund is up 26.8% year-to-date according to the firm's July investor tear sheet, a copy of which has been reviewed by ValueWalk.
After a strong start to the year, many were questioning whether or not Odey could maintain his performance throughout 2018 -- especially considering his record between 2015--2017.
After adding 2.4% in July, it is starting to look as if Odey's comeback isn't a mirage.
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