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The downfall of a UK hedge fund titan

Behind the Money

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The Fallout From the ODS Investigation Into Crispin Ode

The fallout has been immediate and kind of spectacular. Several financial institutions said they were either going to cut ties with ODS at management or we're going to review their relationships with the firm. The biggest headline was that on the weekend, so two days after our reporting, the partners announced that they had removed him from the firm he founded 30 years ago. MPs are going to grill the FCA over its role in this and the form of its investigation.

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