Odey Asset Management faces major changes amidst harassment claims and survival fight.

1 min read
Source: Financial Times
TL;DR Summary

Odey Asset Management, a UK-based hedge fund, is set to be broken up as part of a restructuring plan. The move comes after years of underperformance and investor withdrawals. The firm's founder, Crispin Odey, will reportedly step down from his role as CEO but will remain involved in the business. The breakup marks a significant shift in the financial industry as hedge funds face increasing pressure to deliver returns.

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