Hedge Funds

Odey Asset Management to wind down after sexual harassment allegations

Crispin Odey's hedge fund will close its doors alongside subsidiaries Brook AM and Odey Wealth

Firm's founder Crispin Odey remains subject to an investigation by regulators
Firm's founder Crispin Odey remains subject to an investigation by regulators Photo: Hollie Adams/Getty Images

Odey Asset Management has started shutting its operations nearly five months after founder Crispin Odey was accused of sexual harassment.

Odey AM, which was launched by Odey in 1991, announced it is in the process of winding down on a statement posted to its website.

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