Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

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Odey Asset Launching New Hedge Fund

Nov 04, 2013
Jing Chen

London-based Odey Asset Management is launching a Europe-focused fund next month.

Investment Week reported that the new fund, managed by Feras Al-Chalabi, is part of Odey Asset’s expansion of its long/short investment strategy prompted by high demand from investors. The new absolute return vehicle, scheduled to open in early January, is subject to regulatory approval.

Al-Chalabi also oversees two of Odey Asset’s top-performing European-focused hedge funds.

Odey, founded by Crispin Odey, is one of Europe’s richest and best-known hedge fund firms and it manages about $10 billion in assets.

 

 

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