Asset Management

FCA drops Odey Asset Management investigation with no action

Odey Asset Management faced a probe from the watchdog after reports of a toxic culture

The Odey Asset Management name has been removed from the brass plate outside the firm's Mayfair office
The Odey Asset Management name has been removed from the brass plate outside the firm's Mayfair office Photo: Laura Zapata/Getty Images

The Financial Conduct Authority has ended its investigation into Odey Asset Management with no action, according to reports.

The wealth manager is winding down in the wake of sexual assault allegations against founder Crispin Odey, which he denies.

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