Brexiter hedge fund chief's bets against UK economy fail to pay off

Crispin Odey’s share of profit from Odey Asset Management is down £4m on last year

Crispin Odey’s share of the profit of his hedge fund has fallen by £4m, as various bets made by the Brexit-backing billionaire against the UK economy and British businesses failed to pay off.

Odey collected £1.5m from Odey Asset Management in the year to 5 April, a 72% decline on the £5.5m he made in the previous 12 months, according to accounts filed at Companies House.

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from The Guardian http://bit.ly/2GMTHhV

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