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Europe could be headed for Japan-style stagnation, says Crispin Odey

Crispin Odey, founder of Odey Asset Management, fears for Europe’s economic future but believes if volatility can be tamed, he can give investors solid returns this year. He sees value in US stocks.

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    • Margie Lindsay
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Talking with Crispin Odey is like taking a whirlwind course in the politics, economics and history of hedge funds, combined with strong opinions about the state of the world today.

Odey set up one of the first hedge funds in Europe in 1991 with around $150 million under management. Typical of Odey, his original intention was to operate a unit trust. However, the only people who came forward as investors wanted him to run a hedge fund. One of those first investors was financial legend George Soros

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