Odey brings wealth management arm to UK

Odey, who believes the current crop of bloated wealth managers are giving a "raw deal" to clients, is aiming to counter this by offering a proposition with a flat fee of 1%. Launched to offshore private clients in 2008, Odey Wealth Management is now bringing this often contrarian approach to UK investors. Odey recently launched a balanced managed fund for the retail market, which uses the expertise of the wealth management arm. Working alongside Odey will be former Rothschilds manager Peter Martin and former BarCap strategist Tim Bond. "I'm calling an end to the raw deal served ...