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”.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Hardliner Ebrahim Raisi hailed as Iran’s new president

Three main rivals congratulate candidate whose election is likely to unlock talks…

1,000 Italy fans to be allowed in to UK for Euro 2020 final at Wembley

Lucky holders of €610 tickets will have to fly in and out…

Esther Rantzen reveals her lung cancer has progressed to stage 4

Veteran broadcaster says she has no regrets and treasures the friends she…