Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Ex-Odey long/short fund manager opens new firm

Ex-Odey long/short fund manager opens new firm

Former Odey fund manager Markus Rezny has set up his own firm, Glockner Capital Management.

Wealth Manager understands that Rezny has set up and will run the Glockner Global Opportunities fund, a global equity-focused absolute return strategy.

In addition to running the fund, Rezny will also take up the role of chief investment officer at Glockner Capital Management.

When he left Crispin Odey’s firm in 2016 it was understood that Rezny would continue to run the Odey Orion fund under the banner of a different asset management firm.

It is likely that the Glockner Global Opportunities fund will share similarities with the Odey Orion strategy, which returned 9.6% over the last three years he was at the helm, up to February 2016, against a peer average of 11.7%.

In 2016, an Odey spokesperson stated the Odey Orion fund had been ‘wound down’ as an Odey product and ultimately for the firm saw the fund as un-scalable.

Rezny joined Odey in 2013 from Griffin Capital Management where he had been a fund manager. Prior to this, he was a director at Lehman Brothers.

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 Insight's Waddington reveals infrastructure plays post-Carillion

Insight's Waddington reveals infrastructure plays post-Carillion

Post-Carillion Steve Waddington is still finding attractive plays in infrastructure.

1 Comment Play Mark Stevenson: oil is the dumbest place to put your money

Mark Stevenson: oil is the dumbest place to put your money

Futurist Mark Stevenson says that investing in oil is not just a risk to the environment but also your investment.

Play Boutique tapes: my business will never be sold

Boutique tapes: my business will never be sold

In the final part of our four part series we discuss consolidation and whether it's getting tougher for boutiques to survive.

Read More
Your Business: Cover Star Club

Profile: how this boutique beat the big guns of wealth

Profile: how this boutique beat the big guns of wealth

This small west country offshoot of a local IFA scooped a 2018 Citywire award from beneath the noses of the national challengers

Wealth Manager on Twitter