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By Opalesque Geneva:

The story of Crispin Odey has exposed his company's toxic culture. And his fall from grace comes as a warning to new generations of financiers.

Hedge fund manager Crispin Odey's appeal at London's Upper Tribunal began on March 10, in a legal case against the FCA which fined and banned him from the industry. Meanwhile, his firm's website announces that Odey Asset Management, including Brook Asset Management and Odey Wealth, will be closing and that fund managers and funds have moved to new asset managers. The firm may have been planning to 'cease trading activities' since January 2026.

During the trial, the tribunal heard him being described by the head of his hedge fund as a "sex pest" and blamed an incident in which he allegedly groped a female staff member's breast on a sedative he had taken, The Guardian reported.

Odey Asset Management (OAM) was established in 1991 and was Europe's longest established single manager hedge fund business. Founder Crispin Odey shot to prominence during the 2008 financial crisis after making a fortune short-selling bank shares, Reuters ......................

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