Crispin Odey’s hedge fund business considering rebrand that could see tycoon’s name drop off some funds
Crispin Odey’s hedge fund business is considering a rebrand that could see the tycoon’s name drop off some of its funds.
Odey Asset Management, the Mayfair-based company he founded in 1991, has also drawn up emergency plans in case he is unable to continue running investments.
But the 61-year-old told The Mail on Sunday he does not intend to retire or step down any time soon. ‘I’m having a great time at the moment,’ he said. ‘Provided you’re understanding the world you’re investing in accordingly, it’s a great world to be in.’
Brexiteer: Crispin Odey and his wife Nichola Pease have an £825million fortune
Odey appeared in court last month over allegedly assaulting a woman in 1998 at Swan Walk in Chelsea. He has pleaded not guilty. The case has been adjourned for a two-day trial in February at Hendon magistrates’ court.
The Oxford-educated Brexiteer and his wife – Nichola Pease, chairwoman of Jupiter Asset Management – have an estimated £825million fortune.
Odey – known for once spending £150,000 on a Palladian-style coop for his chickens at his Gloucestershire mansion – raked in millions of pounds for his fund by betting against sterling around the time of the Brexit vote.
The Old Harrovian has donated more than £1.7million to the Tories.
The Odey European fund, based in the Cayman Islands, has had a rocky ride. It was down 10.1 per cent last year, according to Bloomberg.