Odey Asset Management to shut after sexual misconduct allegations against founder
by Julia Kollewe from World news | The Guardian on (#6G0N0)
Financial institutions have cut ties with hedge fund set up by Brexiter and Conservative party donor
Odey Asset Management is closing down, five months after allegations of sexual misconduct made by junior female members of staff against its founder Crispin Odey threw the hedge fund into turmoil.
The business said on its website: Odey Asset Management [OAM], including Brook Asset Management and Odey Wealth, will be closing. Fund managers and funds have moved to new asset managers."
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