Odey Fund Manager Presents Thesis For Noront Resources

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Michelle deBoer-Jones
Published on
Updated on

The Odey Special Situations Fund was down 1.9% for July, compared to its benchmark, the MSCI World USD Index, which was up 1.79%. Year to date, Odey's fund is up 0.9%.

Q2 2021 hedge fund letters, conferences and more

David Marcus Investment Research

In his July letter to investors, which was reviewed by ValueWalk, Adrian Courtenay said the year-to-date return is disappointing. However, they have made progress in optimizing their existing positioning, identifying new opportunities and developing risk management. He believes investors will be rewarded for their...

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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.