Crispin Odey's flagship portfolio sustained heavy losses in April after the manager appeared to be caught out by a move in the Australian dollar.
The Odey Swan fund, a UCITS version of the manager's flagship long/short European hedge fund, lost 17.7% of its value in the month, according to FE. A reversal in the fortunes of the Australian dollar...
The forces at play in investment - most obviously, regulatory change, uncertain markets and shifting demographics - are as strong today as they were when Professional Adviser launched its sister magazine Multi-Asset Review in 2017.
Regulator has visited some firms already
Platforms react to Fidelity blocking Income Focus purchases
Chris Hill's letter to Treasury
Cash balance surges