Odey Asset Management's Odey Special Situations Fund returned -1.5% in May, compared with the fund's benchmark, the MSCI World USD Index, which returned +1.6%.
Q1 2021 hedge fund letters, conferences and more
Following this performance, the fund, which Odey AM's Adrian Courtenay manages, is up 7.9% year-to-date.
The Odey Special Situations fund was founded in October 2019 as part of Odey AM's expansion strategy to offer more opportunities to clients. Courtenay joined the group in 2016. Prior to that, he was a Vice President in the Special Situations Group at D.E. Shaw. Adrian.
He is also a recognized speaker at Sohn investment conferences.
Since its inception, the Special Situations Fund has returned...

