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Kilkenny businesswoman's company under investigation

An Garda Síochána is investigating a number of alleged fraud incidents relating to the activities of an asset management company, understood to be owned by Kilkenny woman, Caitriona Carey. The former Irish hockey international and Kilkenny camogie ...

22 Feb 2022 at 16:33

People think sexual harassment reports are now taken seriously in workplaces

Britons believe sexual harassment reports are taken more seriously in workplaces than five years ago and that they would be treated fairly by bosses, a new poll has found. The UK public and private sector has been rocked by a fresh wave of sexual ...

03 Jul 2023 at 15:46

City

Odey Asset Management moves to break itself up as crisis deepens

The scandal-hit hedge fund set up by Crispin Odey is being broken up as it confirmed talks to transfer some of its funds to rival firms amid an intensifying crisis following sexual misconduct allegations against its founder. Odey Asset ...

15 Jun 2023 at 14:30

World

Toyota investors reject proposal demanding better performance on climate change

Toyota executives fielded challenges and reaped praise from investors at the Japanese car giant’s annual general meeting on Wednesday where shareholders ultimately rejected demands for the company to do better on fighting climate ...

14 Jun 2023 at 13:53

City

FCA investigating whether Odey ‘fit and proper’ to work in financial services

The City watchdog has said it is investigating whether hedge fund manager Crispin Odey is a “fit and proper person” to work in financial services as it revealed the scope of its probe. In a letter to the Treasury Committee, ...

05 Jul 2023 at 10:17

City

HomeServe agrees £4bn takeover by Canadian investment group

Home repairs and emergency services group HomeServe has agreed a £4.1 billion takeover by a Canadian investment group. Brookfield Asset Management will pay £12 a share for HomeServe, which is one of the largest home ...

19 May 2022 at 11:20

City

Odey Asset Management not ‘gating’ funds in wake of allegations against founder

Scandal-hit Odey Asset Management has insisted its funds are not halting investor withdrawals in the wake of assault allegations against its founder, Crispin Odey. The company, which has around 4.4 billion US ...

12 Jun 2023 at 10:48

Local News

Longford developer receives green light for construction of new hotel in Athlone

A Longford developer has received the green light to proceed with the construction of a massive 192 bedroom hotel in Athlone. Two years ago, Mark Cunningham's Avenir Assets Management DAC received the ...

13 Nov 2024 at 07:33

City

Odey hedge fund ‘in advanced discussions’ to sell funds to other asset managers

Odey Asset Management (OAM) is in discussions to sell off some of its funds in a sign of a deepening crisis at the hedge fund. The business told investors that it could transfer some of its ...

15 Jun 2023 at 10:37

City

National Grid sells 60% stake in gas network

National Grid said it had sold a controlling stake in its gas grid to a group of global investors as it raises money to invest in electricity. The business said that it would pocket £2.2 ...

28 Mar 2022 at 10:25

Former banker Crispin Odey suing Financial Times for libel at High Court

Former City banker Crispin Odey is suing the Financial Times (FT) for libel at the High Court after it published allegations that he had sexually assaulted multiple women, the paper has ...

30 May 2024 at 12:35

City

Abrdn flags tough investing year on par with 2022 as assets shrink

Asset manager Abrdn has reported shrinking assets and a drop in profits for its investment division as it said this year was shaping up to be as challenging as “one of the hardest ...

08 Aug 2023 at 11:59

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