Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Crispin Odey to launch Swan fund

Crispin Odey to launch Swan fund

Crispin Odey is launching a multi asset 'swan' fund for his eponymous investment boutique.

The Odey Swan fund, which launches at the start of March, will give investors a Ucits IV version of Odey's (pictured) flagship long/short strategy.

While the fund has the flexibility to invest across all asset classes, it will aim to deliver an absolute return mainly through developed market equities, where it will take both long and short positions. It can invest up to 20% of the portfolio in emerging markets.  

The Dublin-domiciled fund will adopt a research-intensive strategy, leveraging off the firm's macro and fundamental research.  

It will use the euro as a base currency, with sterling and dollar share classes also on offer.

The fund levies an annual fee of 1% for the institutional share class and 1.5% for the retail share class, with a performance fee of 20% of net gains.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play On the Road Challenge: Clay pigeon shooting with Thesis' Lansdowne

On the Road Challenge: Clay pigeon shooting with Thesis' Lansdowne

Eleanor Mahmoud goes clay shooting at the National Clay Shooting Centre with Sam Lansdowne from Thesis Asset Management

Play AA-rated Flood on gov't bonds: 'the maths doesn't add up'

AA-rated Flood on gov't bonds: 'the maths doesn't add up'

He also addresses why his Newton Multi-Asset Income fund has such a high cash weighting and why he sees renewables as such a good opportunity.

Play AAA-rated Ali: Identifying the peripheral European plays

AAA-rated Ali: Identifying the peripheral European plays

Citywire AAA-rated Tawhid Ali thinks that plenty of good stocks in the European periphery are being thrown out with the proverbial bath water.

Read More
Your Business: Cover Star Club

Profile: Brewin's Cardiff boss on the Welsh opportunity

Profile: Brewin's Cardiff boss on the Welsh opportunity

Prior to becoming head of Brewin Dolphin Cardiff, Welshman David Myrddin-Evans had only previously visited the city to watch the rugby.

Wealth Manager on Twitter