Odey Cub Recovers In June With Euro Stoxx 50, Russell E-Mini 2000, Nasdaq Inc Shorts

Odey "cub" Giano Capital returned 3.6% for June, bringing its year-to-date performance to 4.3% after a challenging May return of -5.7%. The fund has enjoyed a compound annual growth rate of 8.4% since inception.

Giano Capital aims for long-term capital appreciation by investing primarily in European securities, although it also invests outside Europe. The fund utilizes a concentrated long/ short equity strategy through quantitative and qualitative analysis. Giano typically holds 30 to 50 positions with a high concentration in the top 10 positions.

Q2 2022 hedge fund letters, conferences and more

Recession Looks Likely

In his June note to investors, which was obtained by ValueWalk, Michele Ragazzi noted that the S&P...