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Crisis-hit Odey Asset Management slashes position in Metro Bank

The hedge fund has shuffled its fund management team amid sexual assault allegations against Crispin Odey

Odey Asset Management has been hit hard by the sexual assault allegations against Crispin Odey
Odey Asset Management has been hit hard by the sexual assault allegations against Crispin Odey Photo: Chris Ratcliffe/Getty Images

Odey Asset Management has cut its short position in Metro Bank after severing ties with its founding partner and star portfolio manager Crispin Odey.

On 15 June, the hedge fund reported a 16% cut in the Metro Bank short position, a disclosure to the Financial Conduct Authority shows.

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