Odey Seeks Swiss Private Clients With Joint Venture

May 12 2010 | 2:47am ET

Odey Asset Management has launched a joint-venture in Switzerland.

The $9 billion London-based hedge fund and Bruellan Wealth Management have joined forces to offer Odey’s services to Swiss private clients. The j.v., which will be known as Odey Bruellan, hopes to attract clients leaving Swiss private banks as their vaunted secrecy falls by the wayside.

Bruellan, which is based in Geneva, manages more than 1 billion Swiss francs (US$911 million).


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.