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The Guardian - UK
The Guardian - UK
Business
Rupert Neate Wealth correspondent

Two more major investors cut ties with hedge fund founded by Crispin Odey

Crispin Odey
The Conservative donor Crispin Odey. Photograph: Bloomberg/Getty Images

Investor pressure is mounting on Crispin Odey after two more influential financial institutions cut ties with his hedge fund following multiple allegations of sexual misconduct by him against junior female members of staff.

The money managers Schroders and Canada Life said on Friday that they were cutting ties with Odey Asset Management (OAM) after 13 women accused the multimillionaire Conservative donor of abuse or harassment over decades, in a detailed investigation by the Financial Times and Tortoise Media. Odey denies the allegations.

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