Odey Asset Management
Odey Asset Management, along with Brook Asset Management and Odey Wealth, is in the process of winding down, with fund managers and funds transitioning to new asset managers.
Company Overview
Odey Asset Management is currently in the process of winding down operations. This process includes the closure of Odey Asset Management, Brook Asset Management, and Odey Wealth. The company had various fund managers and funds, many of whom have transitioned to new asset management firms as part of the winding-down process.
Transitioning Fund Managers
Several fund managers have moved their funds to different asset managers. James Hanbury and Jamie Grimston have moved their funds to Lancaster Investment Management. Oliver Kelton transferred his funds to S.W. Mitchell Capital. Freddie Neave transitioned to Bainbridge Partners. Geoffrey Marson, along with the Odey Opportunity Fund, moved to Canaccord Genuity in Guernsey. Additionally, Adrian Courtenay and the Odey Special Situations Fund transferred to Green Ash Partners.
Closed Funds
As part of the winding-down process, several funds managed by Odey Asset Management have been closed. These include the Brook Global Emerging Markets Fund, which was managed by Sophia Whitbread and Mathieu Rachmaninoff, and the LF Odey Portfolio Fund, managed by Peter Martin. These closures signify the end of operations for these specific funds.
Regulatory Compliance
Odey Asset Management LLP, including its trading name Brook Asset Management, is authorised and regulated by the Financial Conduct Authority in the UK. Additionally, Odey Wealth (UK) is registered in England and regulated by the Financial Conduct Authority, while Odey Wealth (C.I.) Limited is registered in Guernsey and licensed by the Guernsey Financial Services Commission.