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Odey Asset Management pushes to restructure funds - Vimarsana News

Odey Asset Management pushes to restructure funds

(Reuters) -Odey Asset Management (OAM) has proposed to restructure two of its key funds, according to letters to investors reviewed by Reuters, as part of efforts to extract founder Crispin Odey from the business after several assault and harassment allegations surfaced against him. The London-based investment firm is planning to switch shareholders' investments in the OEI Mac and Odey European funds to two new funds, which would then be rehoused under a new firm, the letter added. Freddie Neave, who took over managing OEI Mac and Odey European from Crispin Odey three weeks ago, would r...

Source: yahoo.com
Odey Asset Management pushes to restructure funds – reports - Vimarsana News

Odey Asset Management pushes to restructure funds – reports

(Reuters) -Odey Asset Management has proposed to restructure one of its oldest funds, the Financial Times reported on Friday, as part of efforts to ex...

Source: wkzo.com
Odey still has £600m of his own cash in hedge fund despite being ousted - Vimarsana News

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.

Odey EU funds discuss restrictions on withdrawals as founder sidelined - Vimarsana News

Odey EU funds discuss restrictions on withdrawals as founder sidelined

The restrictions on investor withdrawals are under consideration because of fears that the firm may suffer high outflows in the coming days.

Source: afr.com
Odey Asset Management sets out replacement plans for Crispin Odey - Vimarsana News

Odey Asset Management sets out replacement plans for Crispin Odey

LONDON (Reuters) - Odey Asset Management Partnership has started its replacement plan for Crispin Odey after severing "personal and economic involveme...