Odey Opens Doors In Switzerland

Jul 28 2014 | 10:46am ET

Odey Asset Management has opened an office in Geneva, Switzerland, its first office in the country.

The new base is initially staffed by four employees, but Odey hopes to double that number over the next two years. The office will “act as a base for analysts seeing European companies, and for servicing our significant and growing continental European investor” ranks, Odey partner Orlando Montagu said.

Odey first mulled a Swiss office five years, when firm founder Crispin Odey said he was “seriously considering leaving” the U.K. to skirt both higher British taxes and new European Union hedge fund regulation. The firm remains based in London, and last year opened its first office in the U.S., in New York.

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