Brook Asset Management begins wind-up process

First Gazette notice

James Baxter-Derrington
clock • 1 min read

Odey Asset Management subsidiary Brook Asset Management is set to be dissolved as a company, according to Companies House filings.

A first Gazette notice for compulsory strike-off has been filed for the fund house, with a document being processed and expected to be available in ten days. This notice informs any outstanding creditors of the company that it will imminently be struck off the Companies House register and dissolved, unless an objection is received within two months. Odey Wealth and Brook AM parent companies change registered address to founder's Chelsea house The move comes following the news Odey Wealth Management is set to close and return its assets to clients. In recent weeks, Brook AM has c...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Aviva Investors suffers £1.7bn outflows but AUM registers slight uptick

Aviva Investors suffers £1.7bn outflows but AUM registers slight uptick

Assets under management up 2% to £238bn

Cristian Angeloni
clock 14 November 2024 • 1 min read
Chrysalis holding Klarna files for New York IPO

Chrysalis holding Klarna files for New York IPO

14.3% of Chrysalis portfolio

Linus Uhlig
clock 13 November 2024 • 2 min read
Tatton AM launches range of passive funds as AUM surpasses £20bn

Tatton AM launches range of passive funds as AUM surpasses £20bn

Net flows double from last year

Cristian Angeloni
clock 13 November 2024 • 1 min read
Trustpilot