Odey outperforms sector benchmark

Only two funds in the continental European sector delivered positive returns over the three years to September 2002. The remaining 87 posted losses in a sector that tumbled by an average of 28.36% over the past 36 months. The best performing and least volatile fund in the sector was Odey Continental European, managed by Hugh Hendry. The Odey fund delivered positive three year returns of 30.22%, compared to the sector average loss of 28.36%. It was only the £150m Odey Continental European and Fidelity European funds which made positive returns over this period. Fidelity European, m...