Odey Suspends Two Hedge Funds Amid Surging Redemptions

Odey Suspends Two Hedge Funds Amid Surging Redemptions

Assessment

Interactive Video

Business

University

Hard

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The video discusses the suspension of a flagship fund due to redemption requests from investors. Bloomberg Finance editor Michael Moore explains that the departure of key portfolio manager Chris Minoti has led to a loss of confidence among investors. Both the flagship fund and another fund managed by Crispin Odie have been suspended. The company is attempting to reassure investors and maintain stability despite the challenges.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What has been the trend regarding the size of the fund in recent years?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures is the company taking to reassure investors during this turbulent time?

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