Hedge fund manager Crispin Odey was in court for sexual assault claims in 2021.JPMorgan confirmed to MarketWatch it was reviewing its relationship, and Morgan Stanley has reportedly started the process of cutting ties.allegations from 13 women against founder Odey, a hedge fund manager who made his fortune using bearish tactics during the 2008 recession.
Eight of the women accused Odey of sexually assaulting them between 1998 and 2021, while other allegations included harassment and fostering a toxic workplace.The UK’s financial regulatory body, the Financial Conduct Authority, has also opened an investigation into the allegations published Wednesday,
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