Odey to launch UCITS version of flagship fund in March

Odey Asset Management has confirmed the launch of a UCITS version of Crispin Odey's flagship hedge fund strategy, as first revealed by Investment Week.

The Odey Swan fund, a daily dealing UCITS IV fund, will launch on 11 March and replicate the long/short strategy Odey (pictured) has employed on his European fund since 1992. The fund aims to achieve "strong absolute and relative returns" over the long-term, in keeping with the offshore strategy which has produced a compound annual growth rate of 14.2% since inception. Investment Week revealed last month that the group had decided to go ahead with the plans, which mark the first time UCITS investors have been able to access a long/short strategy run by Odey himself. The Swan fund w...