Wednesday, 27 August 2014
Last updated 3 hours ago
Oct 12 2010 | 1:36pm ET
Odey Asset Management is launching a wealth-management business to give investors an alternative to the "bloated" wealth firms currently on offer.
Odey Wealth Management will be headed by new hires Tim Bond and Peter Martin. Bond joined the firm recently as a macro strategist after a stint as head of global asset allocation at Barclays Capital. Martin was head of investment management at Rothschild.
The new business will target wealthy investors in the U.K.
"I'm calling an end to the raw deal served up by many providers in the wealth management industry," Odey founder Crispin Odey said. "The big bank model died in 2008. Too many so-called professional investors embrace mediocrity by seeking consensus views that starve private clients of performance whilst lining the managers’ pockets with high and often hidden charges.”
Odey Wealth Management will charge a flat 1% fee.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...