All the updated news related to crispin odey

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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 Management ...

15 Jun 2023 at 14:30

City

MPs launch inquiry into sexism in the City after sector rocked by scandals

A group of MPs have launched a probe into sexism and misogyny in the City after recent months have unveiled sexual assault allegations by female staff members at influential businesses. The Treasury Committee, which scrutinises the work of the ...

14 Jul 2023 at 11:41

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, Financial Conduct ...

05 Jul 2023 at 10:17

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 dollars (£3.5 billion) in ...

12 Jun 2023 at 10:48

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 activities and staff to other asset ...

15 Jun 2023 at 10:37

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 said. Court records show the case was ...

30 May 2024 at 12:35

Crispin Odey suing Financial Times for £79m in libel damages, documents show

Hedge fund manager Crispin Odey is seeking at least £79 million in damages from the Financial Times (FT) after suing the publication for libel, documents filed at the High Court show. Mr Odey began legal action against the ...

30 Dec 2024 at 12:09

City

Tougher diversity standards proposed for finance sector in misconduct crackdown

The UK’s financial sector could face tougher standards for diversity and inclusion in a bid to clamp down on workplace bullying and sexual harassment, under new proposals by financial regulators. Larger companies will ...

25 Sept 2023 at 12:28

City

Odey hedge fund in talks with brokers amid misconduct allegations

Odey Asset Management has revealed it is in “active discussions” with its broker partners, after fresh misconduct allegations published against its founder led banks to review their relationship with the fund. It ...

09 Jun 2023 at 18:04

City

City Watchdog investigating hedge fund amid claims against founder Crispin Odey

The Financial Conduct Authority is investigating Odey Asset Management (Odey AM) and banks are reviewing their relationship with the fund as a series of misconduct allegations were published against its founder. ...

09 Jun 2023 at 07:21

City

Odey Asset Management looks to shut down wealth business

Odey Asset Management plans to close down its wealth businesses after its eponymous founder stepped down amid a series of allegations against his behaviour. The Financial Conduct Authority (FCA) said it is ...

09 Oct 2023 at 15:13

City

Odey firm gates funds as investors head for exit amid deepening crisis

Investment firm Odey Asset Management has halted withdrawals from two of its funds and closed another amid an investor exodus as the crisis engulfing the firm deepens following assault allegations against ...

13 Jun 2023 at 15:02

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