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Four funds run by Oliver Kelton are set to move as the fallout from sexual assault claims against Crispin Odey continues

Hedge Funds

Wealth Management Correspondent

Odey Asset Management is in "advanced talks" to transfer four of its funds, representing a quarter of its assets under management, to investment boutique SW Mitchell Capital.

In a letter to clients dated 27 June and seen by 

the beleaguered firm said that Oliver Kelton would move to the London rival, taking his European equity funds with him.

Odey AM in ‘advanced talks’ to transfer four funds to SW Mitchell Capital

Odey AM in ‘advanced talks’ to switch four funds to SW Mitchell Capital

Kristen McGachey

JPMorgan

Morgan Stanley

Goldman Sachs

Morningstar

JP Morgan & Chase

Europe

London

Business

Finance

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Former Goldman Sachs executive Amar Kuchinad joins crypto firm Copper as CEO 

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Former Goldman Sachs MD Amar Kuchinad joins crypto firm Copper as CEO

Dmitry Tokarev has stepped back from his role as chief executive after seven years

Kirkland loses regulatory partner to Paul Weiss 

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Kirkland has been raided by Paul Weiss since it kicked off its English law offering last summer

BNP Paribas dealmaker McNaught departs in UK advisory shake-up

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The French bank has added a further two managing directors amid reshuffle in UK deals team

The regulator’s former enforcement director becomes a partner at Milbank after three years pushing fines higher at the SEC.

SEC’s Grewal Moves to Wall Street After Turning Tough as Its Overseer

Inflation in the U.K. fell below the Bank of England’s 2% target in September for the first time in more than three years, making an interest-rate cut next month more likely.

U.K. Inflation Falls to Below BOE Target, Setting Up Rate Cut

The regulator said it is concerned that the part of the market that allows people to pay for insurance in installments might not be providing fair value to more than 20 million customers.

U.K. Regulator Starts Review Into Motor and Home Insurance Market

Fate of Lina Khan’s Bid to Reshape Antitrust Comes Down to Election

Chinese stocks have gone from ice-cold to red-hot in a matter of weeks, but it might be driven by momentum rather than enough stimulus to solve China’s economic woes.

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