Odey launches Guernsey Wealth arm

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Odey Asset Management has established a wealth management operation in Guernsey to provide investment services and advice to individual clients.

As part of the venture, the multi-asset Odey Opportunities fund has been launched which is domiciled in the Cayman Islands but also listed in Dublin. The fund aims to give private investors exposure to both Crispin Odey’s macro investment views and the asset-picking talents of two Guernsey-based fund managers who joined Odey from Credit Suisse in January. The ex-Credit Suisse executives are Geoff Marson, who will manage the new fund, and Shaun le Messurier, who will assist him. The fund, which is live now with about $5m invested, will trade monthly, with its first trade due in about two...

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