product launch |
Odey Asset Management has launched a hedge fund combining three strategies - quantitative, technical and macro. The Odey Treasury Fund will be managed by an ex-HSBC trader Richard Neville-Rolfe, who will focus on international currency movements, gold and interest rate fluctuations. Neville-Rolfe will be able to use leverage through the use of margin lending agreements, futures, forwards contracts, options and other derivatives. The maximum leverage allowed will be 1,000% of NAV in terms of the fund's position in foreign exchange. However, the mandate will limit the funds concentration...
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