View more on these topics

Odey takes over pan-European fund

Hugh Hendry is to be replaced as manager of the pan European fund at Odey Asset Management by Crispin Odey, the groups chief investment officer.

He will also be replaced as manager of the Odey continental European portfolio by Feras Al-Chalabi, but will continue to manage the Eclectica hedge fund.

Hendry is understood to be interested in setting up his own hedge firm in due course, and is in discussions with Odey about whether he will continue to manage Eclectica in future as part of a joint venture deal.

Recommended

PFS and PI

The article headlined, PFS members won’t get preferential PI (Money Marketing,March 3) misrepresents the arrangement between NCG and the Personal Finance Society.

A consumer’s view – Lorna Bourke

It is good to be able to say something positive about life companies. Norwich Union’s decision to offer its 40,000 Provident Mutual holders of mortgage-linked with-profits endowments the opportunity to switch into the bigger CGNU with-profits fund in an attempt to give them a better return on their investment is a shining example to the entire industry.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment