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(Bloomberg) -- Odey Asset Management is in talks with Lancaster Investment Management to transfer funds run by portfolio manager James Hanbury and restructure its flagship hedge fund as the investment firm grapples with the fallout from sexual assault allegations against its founder.Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysA $100 Billion Wealth Migration Tilts US Economy’s Cen

Finalists for the Alternatives Fund of the Year at the 2023 Fund Manager of the Year awards have shared with Money Management what has helped their performance.

Odey Special Situations has been suspended following the receipt of “a sizable level of redemption requests”.

Link Fund Solutions has suspended the LF Odey Portfolio fund, marking the fourth fund to be gated to investor withdrawals.

Odey Asset Management is shutting its Swan fund and gating two other funds after redemption requests surged.