Hedge Funds

Redemptions at Odey AM persist two months after sexual assault claims

Investors have pulled £548m since the City hedge fund giant was hit by sexual misconduct allegations

Pessimism has persisted despite contingency plans to transfer Odey AM’s portfolio managers and their mandates to rival firms
Pessimism has persisted despite contingency plans to transfer Odey AM’s portfolio managers and their mandates to rival firms Photo: Hollie Adams/Getty Images

Funds with ties to Crispin Odey have continued to be battered by redemptions nearly two months after the hedge fund founder was hit by a string of sexual misconduct allegations.

Investors have continued to pull cash from portfolios at Odey Asset Management and its subsidiary Brook Asset Management, according to data from Morningstar Direct.

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