Two major investors cut ties with hedge fund founded by Crispin Odey

Schroders and Canada Life cut ties after 13 women accuse Odey of abuse or harassment over decades, which he denies

Investor pressure is mounting on Crispin Odey after two more influential financial institutions cut ties with his hedge fund following multiple allegations of sexual misconduct by him against junior female members of staff.

The money managers Schroders and Canada Life said on Friday that they were cutting ties with Odey Asset Management (OAM) after 13 women accused the multimillionaire Conservative donor of abuse or harassment over decades, in a detailed investigation by the Financial Times and Tortoise Media. Odey denies the allegations.