One of Crispin Odey's long-biased funds made a spectacular return in November of last year. According to a fund report seen by ValueWalk, Odey OPUS returned 6% in November of 2014, pushing the total gain for the year to +4.7%. Most of Odey's hedge funds had a bad start to 2014, however, the latter half was more promising as we noted in an update on the flagship Odey European Inc.
New investors grazing stocks
Despite the good month, Crispin Odey's market commentary conveyed annoyance at the current trends in the stock market and investment community. Odey said that equities are being grazed by investors of bond markets, as money from Sovereign Wealth Funds and High Yield Bond Funds pours into stocks,...
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