Odey AM and Brook AM funds remain open despite outflows as high as 33%

£365m total outflows

Most Odey Asset Management and Brook Asset Management funds have remained open to investors despite posting significant levels of outflows last week, analysis by Investment Week has found.

LF Brook Continental European has reported the highest relative outflows of any fund, losing 33% between 8 June - when the FT investigation into sexual misconduct by Crispin Odey was published - and 15 June - the most up-to-date figures - according to data from Morningstar Direct, however the fund remains unsuspended at the time of publication. Over the period, the fund recorded outflows of £83.5m. Outflows from Odey Asset Management and Brook Asset Management funds between 8 June 2023 and 15 June 2023 Link Fund Solutions is the authorised corporate director for the LF Brook Contine...