Opportunities will continue to be available despite tough market conditions in 2009, according to Od...
Opportunities will continue to be available despite tough market conditions in 2009, according to Odey Asset Management's CEO. David Stewart's comments follow a 10.94 % net return, up until 31 December 2008, for Crispin Odey's flagship fund Odey European Inc. The fund's objective is capital appreciation through investing in European securities, bonds and currencies and related financial instruments and non-European securities. Stewart says: "We did well by shorting retailers where we thought there was some real damage going on. Stewart adds that shorting selected financial stocks has ...
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