After Years of Stock Market Optimisim, Odey Turns Pessimistic

The London-based hedge fund manager is now telling clients that the current bull market has gotten “tired,” and he has turned his flagship fund net short.

Odey Asset Management’s Crispin Odey has turned sharply bearish in recent months.

The London–based hedge fund manager is now slightly net short in his flagship equity hedge fund after maintaining net exposure to the markets of between 80 percent and 120 percent since March 2009.

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