Odey still has £600m of his own cash in hedge fund despite being ousted
Partners at Odey Asset Management removed the high-profile tycoon (pictured) over the weekend amid sexual misconduct allegations.
Source: thisismoney.co.uk
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JP Morgan terminates relationship with Odey Asset Management
JP Morgan has followed Goldman Sachs, Exane and Morgan Stanley in terminating its relationship with Odey Asset Management.
Source: investmentweek.co.uk
Odey still has £600m of his own cash in hedge fund despite being ousted
Partners at Odey Asset Management removed the high-profile tycoon (pictured) over the weekend amid sexual misconduct allegations.
Source: dailymail.co.uk
Hedge funds lose $27b betting against tech stock rally
While most of the high-growth stocks that led the pandemic-era tech rally remain far below their peaks, a narrower tech rebound has set in at the biggest, most profitable companies.
Source: afr.com
Crispin Odey's hedge fund firm bucks green investing trend
Crispin Odey's hedge fund firm has bucked the green investing trend by backing a Norwegian oil company – and betting against a renewable energy stock. One of the City Brexiteer's top fund managers, James Hanbury, has put investors' money into £7.9billion firm Aker BP. According to documents seen by The Mail on Sunday, Hanbury bought the stock because of its low price, high quality management team and potential for cost-cutting. Meanwhile, Hanbury has bet that the share price of Ballard Power will fall. Ballard is a Canadian firm that develops fuel cells for electric cars and machinery...
Source: dailymail.co.uk