DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Crispin Odey - 2 Odey - 2 Nell Mackenzie - 2 Goldman Sachs - 1 Morgan Stanley - 1 Swan - 1 Dhara Ranasinghe - 1 Elisa Martinuzzi - 1
Top related locs:
Top related orgs:
Odey - 2 Financial Times - 2 Thomson - 2 Management - 1 Tortoise Media - 1 JPMorgan - 1 Swan - 1 Swan Fund - 1

Search resuls for: "Swan Fund"


4 mentions found


☆ Odey Asset Management freezes funds as clients pull money, prime brokers flee
  + stars: | 2023-06-13 | by ( Nell Mackenzie | ) www.reuters.com   time to read: +3 min
LONDON, June 13 (Reuters) - Odey Asset Management (OAM) is closing one fund and restricting money clients can pull from another, two investor letters showed, just as the hedge fund was scrambling on Tuesday to keep its prime brokers from ending vital relationships with the firm. Odey Asset Management has closed its Odey Swan Fund and is restricting the money clients can pull from its Brook Developed Markets Fund, according to investor letters seen by Reuters. An OAM spokesperson declined to comment but confirmed the letter about the Brook Developed Markets Fund and was not immediately available to respond to a request about the closure of the Swan Fund. He did not respond when contacted by Reuters on Tuesday about either the Brook or Swan fund. Brook Developed Markets Fund is open to retail investors and had about $216 million, as of the end of February, the latest data from Morningstar showed.
Persons: Crispin Odey, Odey, Goldman Sachs, Morgan Stanley, Swan, Nell Mackenzie, Dhara Ranasinghe, Elisa Martinuzzi, Susan Fenton Organizations: Odey, Management, Financial Times, Tortoise Media, Reuters, JPMorgan, Swan, Swan Fund, Morningstar, Thomson
☆ Odey Asset Management sets out replacement plans for Crispin Odey
  + stars: | 2023-06-11 | by ( ) www.reuters.com   time to read: +1 min
LONDON, June 11 (Reuters) - Odey Asset Management Partnership has started its replacement plan for Crispin Odey after severing "personal and economic involvement" with the founder, following allegations of sexual misconduct, said a letter seen by Reuters on Sunday. Freddie Neave will take over full responsibility of the Odey European Inc (OEI) and OEI Mac funds. James Hanbury will assume leadership of the LP Odey Opus Fund and Oliver Kelton will take the Odey Pan European Fund. Odey Swan Fund will be taken on by Neave as an interim leader before a final fund manager is decided upon by the board, said the letter. The Financial Times and Tortoise, in a joint publication on Thursday, reported allegations by 13 women that Odey had sexually assaulted or harassed them over a 25-year period.
Persons: Crispin Odey, Freddie Neave, James Hanbury, Oliver Kelton, Neave, Odey, Nell Mackenzie, Marguerita Choy Organizations: Odey, Reuters, Sunday, Pan European, Financial Times, Thomson
☆ The Fed has to balance its latest rate hike with trying not to tank the economy. Here's what to know.
  + stars: | 2022-09-21 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +7 min
Today, I'm breaking down what to know about the Fed's third jumbo rate hike, and how markets could look in its aftermath. In this March 21, 2018, file photo, Federal Reserve Chairman Jerome Powell speaks following the Federal Open Market Committee meeting in Washington. A third, outsized rate hike is an unprecedented move by the Federal Reserve. For this meeting in particular, billionaire David Rubenstein warned that a 100-basis-point hike this week would shock and depress markets and investors. What's on deck for markets after a third consecutive large rate hike?
☆ The COO of the famed black swan fund that reportedly banked a 4,144% return during the 2020 stock market crash shares the 3 requirements that would put crypto on their radar — and why they haven't ent
  + stars: | 2022-09-18 | by ( Laila Maidan | ) www.businessinsider.com   time to read: +4 min
But the crypto-heavy conference meant one hedge fund wasn't in attendance. Universa Investments, a black swan fund that specializes in purchasing protection against major market crashes, skipped out this year. The Miami-based hedge fund, which has $15.5 billion in assets under management, made headlines in the past after its flagship Black Swan Protection Protocol fund reportedly returned 4,144% amid the stock market crash of 2020. Many crypto investors may perceive these digital assets, bitcoin specifically, as a hedge against the devaluation of currencies. You need to have a clear thesis for why you're picking crypto assets over a tech stock, like Microsoft for example, he said.
0 next >>
Total: 4