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The Odey Portfolio fund was suspended by Link Fund Solutions on 15 June after the boutique was rocked by sexual allegations against its founder

Hedge Funds

Wealth Management Correspondent

Odey Asset Management is winding down a second fund as investor redemptions ramp up in the wake of sexual assault allegations against founder Crispin Odey.

The Odey Portfolio fund will be liquidated with cash returned to shareholders, the fund's authorised corporate director Link Fund Solutions confirmed in a letter on 29 June.

Odey Asset Management to liquidate second fund

Kristen McGachey

JPMorgan

Morgan Stanley

JP Morgan & Chase

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.

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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.

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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.

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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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