Odey Asset Management is in ‘advanced discussions’ to move funds and staff to other asset managers, it told investors in a letter, after imposing exit curbs on key funds in the wake of sexual misconduct allegations against its founder, Crispin Odey
Hedge fund manager Crispin Odey gestures as he departs Westminster Magistrates' Court, after being found not guilty of indecent assault, during a three-day long trial in London, Britain, March 11, 2021. REUTERS/John Sibley/File Photo
Several major global banks which provided prime brokerage services are reviewing their relationships with the firm following a report by the Financial Times and Tortoise Media.
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