Odey Asset Management is in "advanced talks" to transfer Freddie Neave, the portfolio manager of the Odey European fund and flagship hedge fund OEI MAC, to Landseer Asset Management. In a statement on Friday (11 August), the firm said Landseer is currently proposed to become the investment manager to a new fund managed by Neave, following a proposed scheme of reconstruction of the OEI funds first reported in early July. The discussions are subject to due diligence and fund board and regulatory approvals, it said, with further updates to come in due course. Both funds were suspend...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes