Odey Asset Management to wind down business

Follows closure of subsidiaries

Cristian Angeloni
clock • 1 min read

Odey Asset Management has begun the process of winding down the business, the company has stated on its website.

The move follows the closure and/or rehousing of its funds alongside their respective managers as well as the winding down of its former subsidiaries Brook Asset Management and Odey Wealth Management UK and Channel Islands. On its website, the company stated: "Odey Asset Management, including Brook Asset Management and Odey Wealth, will be closing. Fund managers and funds have moved to new asset managers." Brook Asset Management begins wind-up process In terms of moves and closures, the Brook Global Emerging Markets fund, managed by Sophia Whitbread and Mathieu Rachmaninoff, and th...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Liontrust outsources UK trading team to BNY

Liontrust outsources UK trading team to BNY

Bolsters trading beyond UK hours

Sorin Dojan
clock 09 June 2025 • 1 min read
Firms with £500bn in AUM pledge to remove barriers for underrepresented groups in DE&I statement

Firms with £500bn in AUM pledge to remove barriers for underrepresented groups in DE&I statement

UK government seeking views on pay gaps

Patrick Brusnahan
clock 06 June 2025 • 1 min read
Year of two halves for Ninety One as it records year-end losses

Year of two halves for Ninety One as it records year-end losses

Deal with Sanlam 'on track'

Patrick Brusnahan
clock 04 June 2025 • 1 min read
Trustpilot