Fund Guru Odey Warns Against China Dependence and Coming Recession

Crispin Odey, one of the world’s most respected hedge fund managers expressed concern that economies that depend on China for their income are on the path towards recession. He further cautioned that central banks will not be able to save these economies since their supply of policy tactics have already been played out. Odey is …

Major Hedge Fund to Open Australia Branch

The London-based hedge fund Caxton Associates will be opening an office in Sydney, Australia, according to the Financial Times. The hedge fund, which manages $US9 billion, is aiming to expand its place in the Asia-Pacific Market. Caxton, which was established in 1963, has a specialty in trading bonds, currencies, rates and stocks as a way …