The launch of the Cayman Islands-domiciled, Dublin Stock Exchange listed long/short global equity Od...
The launch of the Cayman Islands-domiciled, Dublin Stock Exchange listed long/short global equity Odey Latham Global fund has attracted $16.15m of new money with further committed assets expected to take the total to $27m before the end of June.
Mark Latham, investment director, said: 'This is a truly global fund ' the universe is 17,000 quoted equities.
'The process is top-down micro. Proprietary screening systems narrow the field down to a small number of exceptional ideas each day, which we then examine for qualitative factors.'
James Higgo, marketing director, said: 'The launch of Odey Latham Global completes a phase of expansion which has taken place at Odey Asset Management over the past 18 months. We have upgraded our infrastructure and made a number of senior appointments.
'With the launch of Odey Japan & General and Odey Latham Global we have added to our European core expertise in the US, emerging markets and Japan.'
Manager Mark Latham joined Odey from Digital Capital in February. He has 17 years investment experience and was previously a director of Baring Asset Management, where he ran the Baring Global Resource and World Opportunity funds. At Barings, he worked with Crispin Odey for several years.
Odey Asset management has funds under management of around $600m, including the flagship Odey European hedge fund and the Odey Japan & General hedge fund.
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