Odey AM's Freddie Neave To Join Bainbridge Partners Alongside Flagship Hedge Fund

It will be relaunched under Bainbridge, a spokesperson for Odey Asset Management confirmed to Investment Week.

In August, Odey AM told investors that it was in "advanced talks" to transfer Neave, the portfolio manager of the Odey European fund and OEI MAC, formerly alongside Crispin Odey, to Landseer Asset Management.

However, these talks had fallen through after failing to complete the deal within the necessary timeframe, according to a report by Bloomberg

Odey AM in talks to transfer Freddie Neave to Landseer Asset Management

Bainbridge founder Antoine Haddad confirmed the move to Bloomberg and said the hedge funds will be re-launched at the firm. 

"Bainbridge's quantitative and systematic know-how should merge well with Freddie's fundamental approach," he said. 

Landseer AM declined to comment. Investment Week could not reach Bainbridge for comment.

Bainbridge Partners manages $1.3bn in assets across quantitative and fundamental strategies. In March 2023, the company acquired three alternative funds from GAM - GAM Opportunistic Credit, GAM Diversity and GAM Trading II - which, at the time, had combined assets of around $87m.

RECENT NEWS

When The Gate Comes Down

A Stress Test Rather Than a ScandalApollo Debt Solutions is not a blow-up story. It is something arguably more instructi... Read more

What If The Investment Industry Is Benchmarking The Wrong Things?

  Investment management is built around benchmarking.  Fund managers compare themselves a... Read more

SpaceX Is Looks To Make History

The Biggest Bet in Wall Street History: SpaceX's $1.78 Trillion IPOThere are moments in financial history that stop you ... Read more

Gyrostat June Market Outlook: When Low Volatility Conceals Structural Risk

This monthly Gyrostat Risk-Managed Market Outlook does not attempt to forecast market direc... Read more

Why Low Volatility Is Not The Same As Low Risk

Why Low Volatility is Not The Same As Low Risk Some of the worst-performing portfolios in... Read more

Gyrostat May Market Outlook: When The Cost Of Protection Falls - Signals For Portfolio Positioning

This monthly Gyrostat Risk-Managed Market Outlook does not attempt to forecast market direction. It... Read more