China, oil and the Fed: is this a bump in the road, or something more serious?
Crispin Odey
Odey Asset Management
The old adage was that if the market had a problem, you sold the market and bought the problem. The market could only go up if the problem was solved and you made the most money from solving the problem. Governments, however, have rather turned this on its head. Ever since Greenspan bought into the S&P in 1987 and then the HKMA successfully bought 10% of the Hong Kong blue chips in 1998 in the Asian crisis, governments have seen fit to change the adage to, ‘if the market’s got a problem, buy the market!’ We are now watching this being performed on a larger screen and entirely in the public eye with the Chinese authorities buying everything. (VIEW LINK)
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Crispin is one of Europe's most respected investors having delivered exceptional returns for his clients. Since he established Odey Asset Management in 1991, his flagship long-short strategy has compounded at almost 14% per annum net of all fees while his long-only strategy has outperformed the MSCI World TR Index by over 8% per annum. Prior to founding Odey, Crispin managed the European Growth Trust and Continental European pension funds at Barings Asset Management and Framlington Fund Managers. Crispin graduated from Christ Church, Oxford in 1980 where he read History and Economics.
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Crispin Odey
Founder | Chief Investment Officer
Odey Asset Management
Crispin is one of Europe's most respected investors having delivered exceptional returns for his clients. Since he established Odey Asset Management in 1991, his flagship long-short strategy has compounded at almost 14% per annum net of all fees...
Expertise
Crispin Odey
Founder | Chief Investment Officer
Odey Asset Management
Crispin is one of Europe's most respected investors having delivered exceptional returns for his clients. Since he established Odey Asset Management in 1991, his flagship long-short strategy has compounded at almost 14% per annum net of all fees...
Expertise
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