Odey raises stake in Plus500

Crispin Odey
©Daniel Jones

Hedge fund manager is trading platform’s largest single investor

Editor’s choice

Shanghai ©Dreamstime
A scheme allowing foreign fund houses access to wealthy investors in China has had mixed results
TO GO WITH AFP STORY BY ISABELLE WESSELINGH - Chevron representatives stand next to drilling equipment on April 8, 2014 in Pungesti during a press visit to the first shale gas exploring site started by US energy giant Chevron. Chevron has permits to explore for shale gas in northeastern Romania as well as on Romania's Black Sea coast. The technique consists of pumping water and chemicals at high pressure into deep rock formations to free oil and gas, but critics point to studies that show fracking increases the risk of contaminating drinking water. AFP PHOTO MIRCEA RESTEA (Photo credit should read MIRCEA RESTEA/AFP/Getty Images) ©Mircea Restea/AFP/Getty Images
Pension funds urged to vote at AGM against oil company spending money on exploration

UK market review to push for tougher sentences

Punitive approach likely after City scandals like forex rigging

Global regulators look to follow UK lead

Review targets all that is wrong with wild-west side of markets

Swiss regulator to halt poaching of staff

New rules to shut ‘revolving door’ to private sector

SEC gets tough on funds’ shadow banking

US regulator plans increase in data reporting for asset managers

Ireland launches review of cyber security

Central bank carrying out on-site inspections of asset managers

Good times fade away for forex traders

After $10bn in fines, the industry decides it is time to grow up

forex bank fines Citi Barclays RBS UBS Bank of America and JP Morgan
©Bloomberg Dreamstime

Banks in forex probe braced for legal barrage

Civil lawsuits expected after $5.6bn settlement

Screengrab of Plus 500 website

Plus500 client accounts suspended

Aim-listed CFD provider to carry out money-laundering checks

European QE is a threat to pensions

Comfortable retirement for millions of European citizens at risk


FTfm is the voice of the global fund management industry, providing must-have news and sharp analysis to the world’s top asset managers and professional investors.

FTfm videos