Odey Investigators Uncovered 46 Conduct Allegations Against Him, FCA Says

An internal investigation into the ex-hedge fund tycoon Crispin Odey discovered at least 46 allegations of “inappropriate conduct” against female employees at his firm over a 17 year period, the UK’s financial watchdog said.

The Financial Conduct Authority disclosed the findings of a investigation by Odey Asset Management as part of its legal showdown with Odey, who is currently challenging a lifetime ban from financial services. The hedge fund boss argues that the FCA was pursuing an “agenda” to root out non-financial misconduct and sought a “totemic” case. A London trial is set to start in March.