Page 2 - Michael Ede News Today

Just days after fresh allegations surfaced of sexual misconduct by Crispin Odey, one of Britain’s most high-profile financiers, partners at the firm he founded

Britain will be left with deep scars from the pandemic despite narrowly escaping a second recession within three years and growing signs of an economic pick up, according to new forecasts. A new report by the accountancy firm KPMG has found that the economy has enjoyed a better start to the year than it had thought, and is now expected to grow by 0.3% this year, compared with its previous prediction of an uplift of just 0.1%. – Guardian

Odey Asset Management (OAM) has begun the process of replacing its founder's activities in the business after he was accused by a newspaper of historic sexual misconduct.

The asset manager said all its funds are open ‘as per usual business’.

Odey Asset Management insists funds will not be gated as it announces new managers

Odey was pushed out by partners after an explosive report alleged he sexually harassed or assaulted 13 women over 25 years.

Odey was pushed out by partners after an explosive report alleged he sexually harassed or assaulted 13 women over 25 years.

Odey Asset Management said Mr Odey no longer has ‘economic or personal involvement’ in the partnership as of Saturday.

Crispin Odey is leaving Odey Asset Management as of Saturday, the firms executive committee said in a statement, amid allegations of sexual misconduct.

Financier to leave Odey Asset Management after series of fresh claims