Odey Asset Management

Hedge fund manager Crispin Odey netted a pay packet of £47.8m in the year to April 2014 after his boutique more than trebled profits.

As the latest figures from the IMA show Absolute Return funds have seen their highest retail sales for over four years, Standard Life Investments' phenomenally successful GARS fund is starting to face more competition from peers.

Crispin Odey has taken out a short position on Manchester United as the team has its worst start to a season for 12 years.

Ryan Hughes is planning to increase exposure to Europe in the Apollo multi-asset portfolios in one of his first asset allocation moves since joining the firm.

Charles Hepworth, investment director in charge of the DFM proposition at GAM, has revealed five new additions and fund switches in the group's model portfolios.

Odey Asset Management is to launch a European Absolute Return fund for manager Feras Al-Chalabi later this year.

Absolute return providers have been forced to respond to capacity questions by changing fund remits or even soft-closing vehicles as flows into the sector leap this year.

Albemarle Street Partners has highlighted seven funds in the IMA Targeted Absolute Return sector which could outperform, according to its recently launched screening tool ‘Alpha Quest'.

Odey Asset Management is to soft-close James Hanbury's top-performing £629m UK Absolute Return fund next week, Investment Week can reveal.

US airlines and housebuilders were among the stocks on Crispin Odey's buy list in the first quarter as the hedge fund star looks to tap into the US economic recovery.