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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

Odey Asset Management to shut after sexual misconduct allegations against founder

Odey Asset Management FT Crispin Odey Sexual Misconduct OAM Brexit
Odey Asset Management founder Crispin Odey
Odey Asset Management founder Crispin Odey was a prominent supporter of Brexit. Photograph: Bloomberg/Getty Images

Odey Asset Management is closing down, five months after allegations of sexual misconduct made by junior female members of staff against its founder Crispin Odey threw the hedge fund into turmoil.

The business said on its website: “Odey Asset Management [OAM], including Brook Asset Management and Odey Wealth, will be closing. Fund managers and funds have moved to new asset managers.”

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