Closure of Odey Asset Management Yields Top Performing Funds Transfer to Lancaster Investment Management

Tuesday, 21 May 2024, 11:12

Odey Asset Management faced a crisis as it closed down, resulting in the transfer of two funds managed by James Hanbury to Lancaster Investment Management. The closure was triggered by sexual assault allegations against the company's founder in 2023. Despite the challenges, the transferred funds have emerged as top performers.

https://store.livarava.com/74f102d7-1763-11ef-a6c6-63e1980711b2.jpg — Closure of Odey Asset Management Yields Top Performing Funds Transfer to Lancaster Investment Management

Transfer of Funds Post Closure

The closure of Odey Asset Management led to the transfer of two funds managed by James Hanbury to Lancaster Investment Management.

Allegations Against Founder

The closure was initiated following sexual assault allegations against the founder of Odey Asset Management in 2023.

Performance of Transferred Funds

The transferred funds managed by James Hanbury have excelled in performance.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.