Alternative mandates have survived best in volatile European markets

clock

Europe has not been an easy place to invest in the past five years and successful funds tended to be those which were flexible

Offshore European equity funds that performed well over the past five years had flexible investment strategies that could use hedging and could resort to cash when necessary. The Odey European Inc portfolio achieved good performance over a five-year period coming in at number three. Hugh Hendry, fund manager of the Odey European Inc portfolio at Odey Asset Management, says: "The fund is very different from its peers as it is a hedge fund. The portfolio is not limited to any single style and will go into cash if it does not see any good opportunities in the market." However, the portfol...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

The Scotland Investment Roadshow kicks off next week

Professional Adviser
clock 18 September 2024 • 2 min read

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •