Hedge Funds

Odey Asset Management to liquidate second fund

The Odey Portfolio fund was suspended by Link Fund Solutions on 15 June after the boutique was rocked by sexual allegations against its founder

So far, seven funds tied to Crispin Odey's fund empire have been forced to halt withdrawals
So far, seven funds tied to Crispin Odey's fund empire have been forced to halt withdrawals Photo: Getty Images

Odey Asset Management is winding down a second fund as investor redemptions ramp up in the wake of sexual assault allegations against founder Crispin Odey.

The Odey Portfolio fund will be liquidated with cash returned to shareholders, the fund's authorised corporate director Link Fund Solutions confirmed in a letter on 29 June.

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