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25.07 - 09:47
Odey fund stays shut to investors one month on
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fnlondon.comAn absolute return fund run by one of Odey Asset Management's star managers that has been gated for a month will remain suspended in the wake of sexual assault allegations against the firm's founder.
Authorised corporate director Link Fund Solutions notified investors on 11 July it would continue to block withdrawals from the Brook Absolute Return fund. It said this was the "best option" for shareholders as Odey AM decides what to do with the fund, which has been shut since 12 June.
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