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Home / News / Revealed: Odey AM quietly rebrands £1.3bn of funds as Crispin Odey’s next trial date looms
Revealed: Odey AM quietly rebrands £1.3bn of funds as Crispin Odey’s next trial date looms
Funds managed by Crispin Odey himself have retained the ‘Odey’ moniker
Odey Asset Management has quietly rebranded £1.3bn worth of funds as founder Crispin Odey prepares for his next date in court later this week,
Portfolio Adviser has learned.
Seven out of the hedge fund boutique’s existing 19 funds have changed their name from ‘Odey’ to ‘Brook’, referring to the new subsidiary business, Brook Asset Management, created by Odey AM last November.
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He accepts he made a proposition but says there was no physical assault
Hedge fund boss Crispin Odey has acknowledged propositioning a junior female banker but denied “lunging at” and groping her, during the first day of his two-day trial for indecent assault at Hendon Magistrates’ Court.
The alleged incident occurred in 1998. The woman was a junior employee at a City investment bank when she attended a client meeting at Odey Asset Management and was later invited to meet privately with the eponymous fund manager at his home in Chelsea.
The court heard that she hoped the meeting might “further her career”.