Odey: China Market Burst Threatens Entire Economy

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Odey: China Market Burst Threatens Entire Economy

Odey takes an interesting view on the Chinese stock market and its relation to the economy. See the full letter below.

 

Odey International Fund monthly commentary for the period ended June 30, 2015.

Massif Capital’s Top Short Bets In The Real Asset Space [Exclisuve]

Screenshot 2022 08 10 18.57.51 1Since its founding by Will Thomson and Chip Russell in June 2016, the Massif Capital Real Asset Strategy has outperformed all of its real asset benchmarks. Since its inception, the long/short equity fund has returned 9% per annum net, compared to 6% for the Bloomberg Commodity Index, 3% for the 3 MSCI USA Infrastructure index Read More

The Odey International Fund returned +0.3% in May versus -2.9% for the MSCI World Index Daily TR Net Local.

Since inception on 29th July 2014, the Fund has returned +7.6% versus +7.6% for the benchmark index.

Performance Overview

  • In June-15 the Fund returned +0.1% against the MSCI Daily TR Net Europe return of -4.6%.
  • Positive performance came from our holdings in sectors including Materials (+1.4%), Energy (+1.0%) and Health Care (+0.5%); however, holdings in the Information Technology (-1.5%) sector disappointed.
  • Individual best performers this month were Sands China (+0.6%) and Ashmore Group (+0.6%), the wo