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,…
Odey Cub Recovers In June With Euro Stoxx 50, Russell E-Mini 2000, Nasdaq Inc Shorts
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.