Odey Gains In Short Apple, But Loses In Long Samsung
Odey Asset Management’s star-studded returns have suffered a few bumpy months. OEI MAC which invests in the flagship Odey European was down 1.5% in September as its currency book, bond holdings and short equity positions underperformed. For the year, OEI MAC is up 17% and manages $900 million. Odey gains in short Apple, loses in Peugeot Odey European has a longstanding short in Apple Inc. (NASDAQ:AAPL), which was profitable in September. Odey Asset Management is known to be bullish on Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930). Other than these, Odey gained in Kazakhmys plc (LON:KAZ) and Polymetal International PLC (LON:POLY) Crispin Odey says...
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