Odey Asset Management City probed as sexual harassment claims emerge

The hedge money steadfast founded by multi-millionaire hedge money manager Crispin Odey is understood to beryllium being investigated by the City watchdog.

The quality comes arsenic a Financial Times probe accused Mr Odey of sexually harassing oregon assaulting 13 women implicit 25 years.

Conservative donor Mr Odey is 1 of the City's astir well-known figures who backed the Brexit campaign.

Odey Asset Management declined to comment.

It is understood the Financial Conduct Authority (FCA) has been investigating Odey Asset Management for 2 years, though the details of the probe are not wide and the FCA has declined to comment.

JP Morgan, 1 of the banks providing services to Odey Asset Management, is thought to beryllium reviewing its narration with the company.

In 2020, Mr Odey was accused of assaulting a pistillate concern banker astatine his London location successful 1998, but helium was aboriginal cleared.

According to Electoral Commission figures, Crispin Odey made governmental donations valued astatine a full of £1.7m betwixt 2007 and 2019.Most of them were from him personally but a fewer were from his company, Odey Asset Management. In immoderate cases he's listed arsenic Robin Odey oregon Robin C Odey successful Electoral Commission filings.The biggest donations, £1.3m successful total, were made to groups campaigning for Brexit astir the clip of the EU referendum.£355,000 of the full was fixed to the Conservatives positive a donation of £10,000 straight to erstwhile Prime Minister Boris Johnson successful June 2019. He's besides fixed smaller amounts to UKIP and the Christian Party.