Tim Bond, the experienced macro strategist who carved a name for himself at Barclays Capital, is up and running with his new global macro fund at Odey Asset Management – with an early gain of around 7.5% gross since launching just over three months ago.
The Odey Odyssey Fund has received initial backing from existing Odey clients. It launched on 17 October with $83 million, and assets have since risen to $125 million following additional seed investment. The majority of clients are private wealth managers.
Bond is a respected figure in global macro whose career has included stints at Moore Capital and Tokai Bank – which also fostered hedge fund stars including Brevan Howard founder Alan Howard and Citadel’s Kaveh Alamouti.
Bond has been with Odey since October 2010, having joined the firm as a macro strategist to provide input across Odey’s entire range of equity-focused funds. Crispin...