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Odey AM gates more funds as investor redemptions ramp up amid sexual misconduct claims

Five funds with ties to Crispin Odey's fund empire have blocked investors from taking their cash this week

Crispin Odey himself still has around £600m of his own money tied up in Odey Asset Management funds
Crispin Odey himself still has around £600m of his own money tied up in Odey Asset Management funds Photo: Getty Images

Odey Asset Management has gated two more funds in a sign redemptions are ramping up in the wake of sexual misconduct allegations against its founder Crispin Odey.

The Odey Portfolio Fund suspended dealing on 15 June, after the London hedge fund revealed it was in "advanced discussions" to move funds and staff to rival asset managers.

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