{"id":354278,"date":"2010-02-23T15:32:00","date_gmt":"2010-02-23T20:32:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/crispin-odeys-european-fund-did-not-have-such-a-good-month-2010-2"},"modified":"2010-02-23T15:32:00","modified_gmt":"2010-02-23T20:32:00","slug":"crispin-odeys-european-fund-gets-whacked-in-bad-january-for-the-euro","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/354278","title":{"rendered":"Crispin Odey&#8217;s European Fund Gets Whacked In Bad January For The Euro"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b8438760000000000809515-246-184\/odey-murdoch.jpg\" border=\"0\" alt=\"Odey Murdoch\" width=\"246\" height=\"184\" \/><\/p>\n<p>Crispin Odey&#8217;s European fund of Odey Asset Management had a poor January only garnering a return of -0.56%.<\/p>\n<p>Odey, who famously predicted the <a href=\"http:\/\/www.guardian.co.uk\/business\/2008\/aug\/04\/creditcrunch\">credit crisis<\/a>, has heavily invested his firm long in firms like British Sky Broadcasting and Sky Deutschland, which are owned by his ex-wife&#8217;s famous father, Rupert Murdoch.<\/p>\n<p>The fund is also heavily invested in financials, like Barclays PLC, which it took advantage of at low prices after the onset of the financial downturn.<\/p>\n<p>Data points to a significant exposure to the Euro, which may account for some of January&#8217;s poor performance, due to the declining value of the currency.<\/p>\n<h3><strong><a href=\"http:\/\/www.marketfolly.com\/2010\/02\/odey-asset-managements-european-fund.html\">Take a look at the full report at Market Folly &gt;<\/a><\/strong><\/h3>\n<p><a href=\"http:\/\/www.businessinsider.com\/crispin-odeys-european-fund-did-not-have-such-a-good-month-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/hugh-hendrys-top-10-trades-2010-2\">Hugh Hendry&#8217;s Top 10 Trades<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/TNuHe_2cPos\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crispin Odey&#8217;s European fund of Odey Asset Management had a poor January only garnering a return of -0.56%. Odey, who famously predicted the credit crisis, has heavily invested his firm long in firms like British Sky Broadcasting and Sky Deutschland, which are owned by his ex-wife&#8217;s famous father, Rupert Murdoch. The fund is also heavily [&hellip;]<\/p>\n","protected":false},"author":1977,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-354278","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/354278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1977"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=354278"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/354278\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=354278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=354278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=354278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}