Crispin Odey sees big gains as bearish positions begin to pay off

Up 19.9% this year

Crispin Odey has been one of the best performing hedge fund managers so far this year aided by bearish bets on government debt and equities.

According to the Financial Times, his flagship €173m Odey European fund has returned 19.9% in 2018 as a return to volatility has driven government bond yields in the UK and Japan higher. In April, it...