Odey nets £580m to rise up Rich List rankings

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Crispin Odey and Nichola Pease saw their net worth almost double in 2014, propelling them up the table of wealthiest hedge fund managers, according to the latest Sunday Times Rich List.

The paper’s annual list of the UK’s richest hedgies, released in advance of the full list’s publication this weekend, credit the husband and wife as the most successful of the year in terms of personal wealth. Their fortune as of this year stands at £1.1bn, up £580m year-on-year, according to the paper, which credited the success of Odey Asset Management as a driving factor. Odey AM saw profits triple last year, helping the manager take home almost £48m in earnings in 2014. The next highest increase on the paper’s hedge fund list, in absolute terms, was enjoyed by Winton Capital’s ...

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