Crispin Odey fights to retain top clients after sex scandal

Logo Daily MailDaily Mail
2023-06-09 20:50:29  • 2 mins

Founder: Crispin Odey

The head of the firm founded by Crispin Odey is battling to keep clients on-side as the hedge fund manager is embroiled in a sexual harassment scandal.

Peter Martin, chief executive of Odey Asset Management, said he was 'confident that our service providers will continue to work with us to ensure that the interests of investors are protected'.

Some of the world's biggest banks are distancing themselves from the fund following misconduct allegations against Odey.

French brokerage Exane, part of BNP Paribas, was said to have cut ties with the fund while Morgan Stanley has also severed links.

Continue read on dailymail.co.uk

Although the advisor recruiting frenzy is certainly slowing down, two trends clearly standout. One is that LPL Financial has been a big winner with its...
Logo NasdaqNasdaq
2023-09-25 15:15:44  • 1 min
The Financial Conduct Authority (FCA) has vowed to be tougher on workplace sexual harassment. The City watchdog will set out a crackdown on perpetrators and...
Logo Daily MailDaily Mail
2023-09-24 20:50:31  • 1 min
(RTTNews) - Investment adviser DWS Investment Management Americas Inc, a subsidiary of Deutsche Bank AG (DB), agreed to pay $25 million to settle civil...
Logo NasdaqNasdaq
2023-09-26 02:08:02  • 1 min
Key Points Founder and Chairman Michael Sonnenfeldt told CNBC that Tiger 21 members, who collectively manage around $150 billion in assets, have increased...
Logo CNBCCNBC
2023-09-25 10:01:07  • 1 min
(RTTNews) - Envestnet, Inc. (ENV), Monday announced that Joshua Warren is joining the company as Chief Financial Officer. Warren most recently served as...
Logo NasdaqNasdaq
2023-09-25 20:44:33  • 1 min
Cambricon has struggled after being blacklisted by the US and has seen losses mount despite the hype around AI chips and chatbots like OpenAIs ChatGPT.
(RTTNews) - voxeljet AG (VJET) Monday said it has decided to initiate a formal review process to evaluate strategic alternatives for the company. Voxeljet...
Logo NasdaqNasdaq
2023-09-25 21:16:37  • 1 min
Deciding on where to put your money at the moment isn't easy. The stock market is erratic, property prices are falling and inflation has managed to outpace...
Logo Daily MailDaily Mail
2023-09-26 05:00:46  • 2 mins
(RTTNews) - Footwear retailer Shoe Carnival Inc. (SCVL) announced the appointement of Patrick Edwards as Senior Vice President, Chief Financial Officer,...
Logo NasdaqNasdaq
2023-09-25 21:21:25  • 1 min
(RTTNews) - Allient Inc. (formerly known as Allied Motion Technologies Inc.) (ALNT) announced Monday that it has acquired Sierramotion Inc. Financial terms...
Logo NasdaqNasdaq
2023-09-25 11:10:17  • 1 min
Three years and nearly $1 billion later, Wells Fargo is finally playing offense in one of Wall Street's hottest battlegrounds: wealth management. The banking...
Logo American BankerAmerican Banker
2023-09-24 13:20:04  • 1 min
Consumer stocks were trending lower pre-bell Monday, with the Consumer Discretionary Select Sector SPDR Fund ( XLY ) unchanged and the Consumer Staples...
Logo NasdaqNasdaq
2023-09-25 13:26:27  • 1 min
Michael Nagle/Bloomberg Deutsche Bank AG's DWS asset management arm agreed to pay a total of $25 million to settle Securities and Exchange Commission probes...
Logo American BankerAmerican Banker
2023-09-25 16:01:10  • 2 mins
For Immediate Release Chicago, IL September 25, 2023 Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Health Care Select...
Logo NasdaqNasdaq
2023-09-25 14:48:23  • 1 min
JPMorgan Chase & Co. (NYSE: JPM ) CEO Jamie Dimon expressed concerns on Tuesday about the potential impact of a worst-case scenario where Federal Reserve...
Logo Investing.comInvesting.com
2023-09-26 09:35:52  • 1 min
A look at the weighted underlying holdings of the WisdomTree U.S. SmallCap Dividend Fund (Symbol: DES) shows an impressive 10.6% of holdings on a weighted...
Logo NasdaqNasdaq
2023-09-25 14:31:27  • 1 min
(RTTNews) - Biotechnology company Jasper Therapeutics, Inc. (JSPR) announced Monday the appointment of Herb Cross, an experienced senior financial executive,...
Logo NasdaqNasdaq
2023-09-25 12:32:31  • 1 min
Health care stocks were flat to lower pre-bell Monday as the iShares Biotechnology ETF ( IBB ) was inactive while the Health Care Select Sector SPDR Fund (...
Logo NasdaqNasdaq
2023-09-25 13:21:57  • 1 min
For Immediate Release Chicago, IL September 25, 2023 Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research...