Odey Asset Management Terminates Asia Fund

February 25th, 2010
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Crispin Odey of the London-based hedge fund boutique, Odey Asset Management, announced the termination of his firm’s Asia fund after the fund failed to raise enough money. Although the fund outperformed its competitors during the financial crisis, CEO David Stewart said that the fund was unable to attract more than $12 million in assets at its peak, and by the end of January, the Odey Asia fund lost its portfolio manager, Vijaya Subramanian, who decided to leave the company.

As a result of the closure, Odey Asset Management will no longer have funds focused on Japan or Asia.
For Detailed Investor Profiles on these Investors, click below:
Odey Asset Management
Related People: Crispin Odey; Feras Al-Chalabi; James Hanbury; Michele Ragazzi; Nicholas Carn; Vijaya Subramanian
Related Entities: CF Odey Opus Fund; Giano Capital; Odey Allegra European Fund; Odey Asia Fund; Odey Capital Strategies Fund; Odey European Inc; Odey Pan European Fund; Odey Wealth Management; OEI MAC Inc
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Jobs, Hirings and Firings; Hedge Fund Launches and Hedge Fund Closings

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