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

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

The Risk Most Portfolios Do Not Explicitly Manage

Most portfolios are constructed on a simple and widely accepted assumption: that equity risk will be r... Read more

Gyrostat April Outlook: The Changing Cost Of Protection

Signals For Portfolio Construction This monthly Gyrostat Risk-Managed Market Outlook does not attemp... Read more

What Advisers Misunderstand About Protection

Protection is rarely rejected outright. More often, it is misunderstood. Most advisers recognise th... Read more

Gyrostat Market Outlook: Looking Beyond The 30-day Volatility Headlines

This outlook examines how financial markets are pricing risk rather than attempting to forecast market... Read more

Gyrostat Capital Management: The Hidden Assumption In Most Portfolios - Stability

Markets do not usually fail portfolios. Assumptions do. Most portfolios are built with car... Read more