Odey Funds Bleeding Assets Remain Open to Retail Investors
- Investors can still buy into Odey funds on retail platforms
- Platforms say they’re monitoring fast-moving situation
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Funds run by Odey Asset Management and its affiliate have been facing an uncertain future after many partners started to shun the firm since new allegations of sexual assault surfaced against its founder. But they are still open for business on some retail platforms.
From UK’s largest fund-selling platform Hargreaves Lansdown Plc to AJ Bell Plc and Bestinvest, mom-and-pop investors can buy the funds, even as the money manager bleeds assets and is exploring options to hive them and their employees off.