Hedge fund manager pays himself £28m - papers 5 August

Mr Odey, who is married to one of the City's few top female fund managers - Nichola Pease of JO Hambro Capital - helped Odey Asset Management to more than treble its profits from £16.1m to £55.3m in the year to April. Mr Odey is not the hedge fund's only trader set for a whopping payout. The rest of the £27m in profits, which come from performance fees charged to clients during 2007, will be divided between just 11 other partners at the firm. JIMMY CAYNE, THE former chairman of Bear Stearns, has broken his silence on the events that led to the collapse of the 85-year-old Wall Street firm...