Odey maintains not guilty plea as assault trial faces technical delays

Case over 1998 incident begins

Mike Sheen
clock • 2 min read

Hedge fund manager Crispin Odey maintained a plea of not guilty on the first day of his indecent assault trial, which revealed further details of his alleged behaviour during a 1998 incident when he is said to have "lunged" at a then-bank employee.

The founder of Odey Asset Management faced the charges at Hendon Magistrates Court today (17 February) in a trial that is expected to extend beyond its planned two-day duration as a result of a delay in relation to technical difficulties in presenting evidence.  Odey is accused of groping an employee of a bank, of which he was a client, at his address in Swan Walk, Chelsea following a meeting. The court was told by the Crown Prosecution Service's Kerry Broome that the complainant had to "wrestle herself free" from Odey, who is said to have grabbed her breast and put his hand up her sk...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Rathbones looks for growth after year of internal focus during Investec merger

Rathbones looks for growth after year of internal focus during Investec merger

Growth in funds under management and administration to £115.6bn

Eve Maddock-Jones
clock 15 January 2026 • 3 min read
Brooks Macdonald returns to positive flows in Q2

Brooks Macdonald returns to positive flows in Q2

Funds under management/advice now top £20bn

Jenna Brown
clock 15 January 2026 • 2 min read
PA Awards 2026: Multi-asset shortlists revealed

PA Awards 2026: Multi-asset shortlists revealed

Championing excellence

Professional Adviser
clock 14 January 2026 • 2 min read