UK house prices are still “right at the top of the cycle” and could be subject to a painful correction, according to Odey Asset Management founder Crispin Odey.
Odey (pictured) told the Evening Standard this week the UK was in a depression, not a recession, and said house prices needed to fall sharply before the country could begin to recover properly. The hedge...
Zero-tolerance approach to ailing companies
There are some long-standing practices in the asset management industry which are clearly ripe for review. However, removing past performance data from key funds documents appears a dangerous step and one likely to create worse outcomes for consumers.
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