Odey Asset Management forced into move by investors pulling funds in response to claims against Tory donor
Crispin Odey’s hedge fund is being broken up one week after the multimillionaire Conservative and Brexit donor was accused of sexual misconduct by junior female members of staff.
Odey Asset Management (OAM), the £3.5bn hedge fund Odey founded 32 years ago, announced on Thursday it was in “advanced discussions for rehousing funds and transferring certain fund management activities and individuals to other asset managers”.