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Horseman, Odey Beat Many U.S. Peers While Staying Net Short
Russell Clark’s Horseman Global and Crispin Odey’s Odey European funds bested many of their U.S. counterparts despite being short in a good year for the stock market.
It’s well known by now that 2014 was a pitiful year for many hedge funds. The average hedge fund was up just 2.48 percent, according to Atlanta-based data tracker eVestment, and 3.6 percent according to Chicago-based Hedge Fund Research’s HFR Weighted Composite Index. What’s more, many well-known managers lost money in various
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