Tuesday, August 18, 2020

"Indecent Assault Conviction Might Be Best Thing To Ever Happen To Odey Investors"

Note chicken coop in picture accompanying  DB's story.*
From DealBreaker, August 17:

There’s reason to think Crispin’s limited partners might be rooting against him.
When you’re a 61-year-old hedge fund manager facing serious criminal allegations that could send you to prison for a decade, it’s probably a good idea to make some plans for your potential absence. If you are Crispin Odey, who is facing two-decade-old charges of indecent assault, that means making sure your chickens are well-cared for whatever may come. Oh, and also your investors. Them, too.
Odey Asset Management, the Mayfair-based firm he set up in 1991, is understood to have prepared an emergency scheme to deal with the 61-year-old’s absence. It would involve shutting the flagship European fund he manages and returning the money to investors. It would also mean Odey’s “retail” funds, which are open to normal savers and include Odey Opus and Odey Swan, are handed over to colleagues James Hanbury and Oliver Kelton....
....MORE
*If interested see any number of posts from 2012's "Palladio is Turning Over in His Tomb" to 2019's ""Lifestyle Farming Is the Latest Addictive Hobby for Banker Types""
Arrivistes!
Can any of these newbs match Crispin Odey's Palladian chicken coop?



Drawings for Crispin Odey’s “chicken house” depicted a structure with a three-sided stairway and two dozen columns.
Drawings for Crispin Odey’s “chicken house” depicted a structure with a three-sided stairway and two dozen columns. 
(note bird lower left)

HT: FT Alphaville's "Crispin Odeyous".