Crispin Odey’s Hedge Fund Is Making Money Again

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Crispin Odey is making money again as markets start to reflect his bearish outlook.

The flagship Odey European Inc. fund returned 2.9 percent in June, its sixth straight monthly advance, according to an investor update seen by Bloomberg News. The gains mark the hedge fund’s longest winning streak since 2013 and boost returns for the first half to 23 percent.