Odey Asset Management

UK’s Odey Asset Management to close down

ODEY Asset Management, one of Britain’s best known hedge funds, will shut, it said on Tuesday (Oct 31) in a statement on its website, less than six months after its founder faced fresh allegations of ...

Crispin Odey manages the funds until he is removed from the partnership.

Odey suspends two hedge funds after redemption requests surged

ODEY Asset Management suspended two more funds, including its flagship hedge fund, after being hit by redemption requests from investors fleeing the firm following multiple sexual assault allegations ...

The Financial Conduct Authority detailed restrictions on the movement of cash and assets out of OAM following the company’s announcement on Thursday that it would downsize operations.

UK watchdog curbs activities at scandal-hit hedge fund

Britain’s financial regulator on Monday (Jun 19) restricted activities by Odey Asset Management (OAM) to facilitate an orderly breakup of the hedge fund following its rapid collapse in the wake of sex...

The firm has been in turmoil since last week’s Financial Times investigation into Odey’s treatment of women over a 25-year period that included multiple allegations of sexual harassment and assault.

Odey suspends withdrawals from four funds managing US$1 billion

Odey Asset Management halted withdrawals from two more funds in response to mounting redemption pressure as the firm struggles to contain the fallout from fresh sexual assault allegations against its...

The investment firm is in advanced discussions to transfer its funds and some staff to other asset managers, says Odey Asset Management.

Odey funds, staff hunt for new home as crisis engulfs firm

ODEY Asset Management is in the process of finding a new home for its funds and some of its staff as it struggles to stay in business after sexual assault allegations against its founder Crispin Odey.

Hedge fund founder Crispin Odey leaving Westminster Magistrates' Court after being found not guilty of indecent assault at the end of a three-day-long trial in London on March 11, 2021.

UK hedge fund defends itself from sexual assault claims

A British hedge fund defended itself on Friday (Jun 9) after the Financial Times published allegations of sexual assault by founder Crispin Odey, who denies the claims, according to the newspaper.