Pair of Brexit Supporters Say Brexit Won’t Happen

Hedge fund manager Crispin Odey and billionaire Peter Hargreaves, the second biggest supporter of the campaign to for Britain to leave the European Union in 2016, both say that Brexit will never happen. Head of Odey Management, Odey, says his pessimism about Brexit is propelling him to position his assets in such a way that …

Brit Brexit Better Boasts

Putting his money where his outspoken mouth was, British hedge fund manager Crispin Odey reaped the benefits of his lonely position when his compatriots voted to leave the European Union. “I feel fantastic. It’s a fantastic decision by the electorate,” Odey said when he heard the news that the UK voted to exit the EU. …

Hedge Funds Disagree on Britain’s Remaining in the EU

Economist Savvas Savouri at London-based Toscafund Asset Management believes that the UK would be a “better place” if it disengaged itself from the European Union. Savouri wrote his opinion in a report called “Britain Stands Up—Better to Exit European Union.” The Toscafund analyst stated that “If the EU doesn’t want to reform we should leave …

Bottom of the Heap Hedge Funds

Here is a quick run-down of some of the world’s hedge funds that barely kept their heads above the flood of bad news coming from China and Greece this past year. US monetary policy doubts did not help the already bad situation for many managers. The third worst performing fund in 2015 was Crispin Odey’s …

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 …