高质量英语演讲&专访视频哪里看?
请您点击上方“精彩英语演讲”,并“设为星标
全网最新的英语演讲&专访第一时间为您奉上
距离最新的性侵犯指控还不到一个月,Crispin Odey花了30年打造的对冲基金帝国已所剩无几,他的资产管理公司OAM 于 1991年创立,资产规模达35 亿英镑。目前旗下所有基金经理都在就离职事宜进行协商。
已解除Odey合伙人职务的Odey Asset Management周一告诉客户,该公司为基金经理Adrian Courtenay找到了新去处。先前已有James Hanbury、Oliver Kelton和Freddie Neave离职。
现年64岁的克里斯平·欧迪绝对是一个有故事的人,他是索罗斯的门徒,默多克的前女婿。他已经否认了有关他对待女性的指控。尽管如此,许多银行还是切断与他公司的联系,投资者竞相退出,迫使该公司关闭了两只基金,并暂停其他几只基金。
该公司周一在致客户函中表示,正讨论重新安置其他基金和基金经理,这将英国历史最悠久的对冲基金管理公司之一推向了解体的边缘。
Odey及其子公司Brook Asset Management所有的基金经理都在就离职事宜进行协商。就Neave管理的OEI Mac基金而言,该公司已告诉投资者,计划将大部分资产另行安置,尽管这一过程可能不包括Odey的个人投资。
《金融时报》近期一项调查显示,伦敦金融城对冲基金巨头Crispin Odey的不当性行为指控现已给他的公司带来了严重影响。13位在该公司工作或与其有商业往来的女性揭露了这位脱欧派百万富翁利用他的权力和影响力,对她们进行性侵犯和虐待,最长时间长达25年。
对冲基金大佬欧迪的陨落
↓↓↓ 上下滑动,查看解说稿 ↓↓↓
Greed. 
A culture of secrecy. 
Abuse. 
Crispin Odey was one of Britain's wealthiest men  and one of its most successful hedge fund managers. 
He was this bygone figure from a bygone era. 
He started to stroke my leg under the desk. 
I did not want to be alone with this man. 
He has continued to behave like this. 
He has been protected. 
It's been one of the quickest and most decisive unravelings  of a hedge fund that I can remember. 
It wasn't the company that assaulted the women. 
He is the one who needs to be held to account. 
Crispin Odey is or was a very high profile financier,  the hedge fund maverick. 
One of Britain's wealthiest men and one of its most successful  hedge fund managers. 
He harks back to a time when the hedge fund world was a cottage  industry, predominantly running money for high net worth  individuals. 
You typically had these intense, charismatic, larger-than-life  characters who had their name on the door. 
Odey Asset Management is the firm  that Crispin Odey founded in 1991. 
It's one of the UK's oldest hedge funds. 
The last bastion of that 1980s world  of finance, the really, red blooded, unapologetic money  making. 
So he's known for making some very clever bets  on markets over the years, as well as some poor ones. 
He would take these hugely risky punts on the world  based on how he saw it and where he saw it was going. 
Some people have said that he's blended  his financial and his political interests a little too closely. 
It's the financial crisis that really cemented Odey's  reputation as an investor. 
He started shorting the UK banks in 2007, which is betting  that their prices would fall. 
This would prove to be extremely prescient,  and he made a killing during 2008,  when the world was in financial collapse. 
One of our sources told us about this meeting  where Crispin walks in and tells them all to short the banks. 
And they're sitting there flabbergasted. 
That was part of the process that  should have been carried out. 
But also completely captivated by this maverick kind  of brilliance. 
Odey's also been a prominent political donor,  both to his friend Boris Johnson's leadership  campaign... 
Good afternoon, everybody. 
And to several pro-Brexit campaigns. 
After Brexit he shorted the pound,  at least for a little while, so an enormous gain,  like hundreds of millions of pounds. 
He would go for lunch in the creme de la creme  of Mayfair's restaurants - Scott's, the Gavroche,  the Connaught Hotel, Harry's Bar, Corrigan's. 
And he sort of represents this era  where you go for these long, boozy lunches, come  back slightly sozzled. 
You're still at it. 
You're still trading. 
And some days that makes you millions,  and some days it doesn't. 
The staff there were effectively nobility. 
You had dukes, marquesses, viscounts, earls. 
Odey Asset Management feels like a sort of boy's public school,  a gun cabinet to store your gun before the shooting weekend. 
But the world has moved on, and he hasn't. 
He's enormously influential, but he's also massively  abused the power that he's had. 
In 2020, Crispin Odey was charged with one count  of indecent assault. The trial was held  in a magistrate's court, which was a big win  for Odey's defence and decided by a judge rather than a jury. 
He was cleared, and the judge told  Odey that he could walk out of the courtroom  with his good character intact. 
And the judge also heavily criticised the complainant. 
So he said that she had a vivid imagination  and suggested that she was influenced  by her desire for publicity. 
Shortly after Odey was acquitted in court,  The Sunday Times ran a piece saying  that a woman said he had groped her in a restaurant in 2008. 
A few weeks after The Sunday Times article came out,  Bloomberg ran a piece saying that he had sexually  harassed two women, including an employee. 
Odey Asset Management opened an investigation into him. 
They kept the financial watchdog, the financial conduct  authority, abreast of what was going on. 
They found that he had violated a final written  warning they gave him. 
They wanted to begin a disciplinary proceeding  against him because of it. 
And instead Odey sacked his executive committee,  brought in another. 
When that other executive committee also  refused to drop the disciplinary proceedings,  he sacked them too. 
So the current executive committee at Odey Asset  Management are the third. 
And they told the FCA that he was... 
they thought he was fit and proper. 
And the FCA has been aware of this. 
It all just seemed to kind of wash off him. 
So for the next 18 months there wasn't any more negative press. 
Until December 2022, Tortoise Media published a podcast. 
According to her evidence, he lunged at her  and was all over her like an octopus. 
She said that she was then forced to wrestle him  off and run out the door. 
For me, the story started in October 2022,  around the time of Liz Truss's mini-budget. 
Her chancellor was Kwasi Kwarteng. 
Soon before Kwarteng was made chancellor,  he went to Crispin Odey's private house  in Chelsea for a private lunch. 
My editor saw this and thought, there's a real problem here. 
A really big hedge fund manager courting the business  secretary, who everyone expected to be  the chancellor and radically change the economic policy  of the UK. 
He told me, there's one woman who I know  had an issue with Crispin Odey. 
I met this woman. 
She told me Crispin Odey assaulted her at a restaurant  about 13 years ago. 
Quite quickly, that one woman became five. 
Someone who's lunched with him for many years  says that Crispin Odey is a man who, whatever the temperature,  sweats. 
I listened to the podcast. 
I thought it was brilliant. 
It was excellently reported, really thorough. 
They had loads of evidence. 
You would hear these accounts from different women who never  spoke, didn't know each other, worked in different fields,  lived in different countries some of them. 
Yet the way they made their allegations of assault,  it was like looking at a fingerprint. 
It was the same - the lunging, the tongue, the groping. 
It didn't have the impact, certainly  the women who gave us interviews for this podcast  were expecting. 
So there was no regulatory intervention. 
It was like nothing happened. 
It all just seemed to bounce off Crispin yet again. 
None of it hit home. 
Just two months later his firm was  awarded management firm of the year  at these very glitzy hedge fund awards. 
By December 2022, eight women had come forward  with allegations about Crispin Odey, either to the police  or to other media groups. 
In the meantime, myself and Antonia  started trying to find new sources ourselves. 
You just feel like there is likely to be a huge amount more  out there, so we just decided that we would do it deeper. 
But we wanted Paul's help because Paul  had had new sources come to him post podcast. 
We got the FT to agree to let us team up with him. 
I started working at Odey Asset Management in March 2003. 
I had just moved to London from Australia. 
He was extremely inappropriate in many ways. 
The physical attention with how he looked at you. 
Unfortunately, being on that reception desk  you are often on your own. 
And so that was a great opportunity for him  to do whatever he wanted to do. 
And that's where the majority of the massages occurred. 
They were quite forceful. 
They would start on your shoulders  and move down your ribs to try to touch your breasts. 
I remember vividly having to pin my arms to my side  and cover my chest so that couldn't happen. 
It wasn't always possible to avoid being in his presence. 
I was asked to sit next to him to open the mail. 
And when I declined I was told I had  to sit there by another fund manager at the time. 
And that happened in a full floor of traders. 
He started to stroke my leg under the desk. 
When I moved away he laughed and said  I need to start enjoying things like this. 
And I didn't know what to do in that moment. 
Because if everybody condoned his behaviour and allowed that  to happen, what could I do?  By February, we realised we would potentially have enough  to do a full-blown investigation. 
We spoke to 13 women. 
Of the 13 women, eight said that they were sexually  assaulted by Crispin Odey. 
I was introduced to Mr Odey through mutual friends  in November 2021. 
I was being represented by a lawyer for a legal dispute,  and it turned out it was the same lawyer that Mr Odey had  been represented by. 
He asked me if I liked shooting pheasants. 
I said I did. 
And he said I must invite you to come to one of my shoots. 
It was a normal shooting weekend,  of which I've been to many. 
At the end of the dinner everyone  is still sitting at the table. 
Odey said to me across the table,  let's go and sit next door, and I want you to bring me up  to speed on the court case. 
I picked up my glass of wine, and we went to a small room  just next door to the dining room. 
We discussed where we were with my legal situation. 
We were in two chairs opposite the fire,  and I got up to leave to go back. 
He grabbed me, and he pulled me onto his knee. 
He groped my breasts. 
He forced his tongue into my mouth. 
I pushed him off and said, what on earth are you doing?  And then he took my hand by the wrist,  and he forced it between his legs  and clamped it onto his erect penis. 
Whilst my hand was being forced onto him,  he said, this is how excited you make me feel. 
He did it by force. 
I hadn't done anything to give him  any reason to think it was OK to do what he was doing. 
A number of allegations were incredibly violent. 
One woman, he assaulted her by penetration with his fingers  whilst masturbating over her. 
One incident was so traumatic that I've  blocked the majority of it from my mind. 
I don't remember much, but I remember that at times he  was on his knees. 
He put his hand up my shirt, that he  was trying to touch my breasts, that my make-up was  all over his shirt. 
And I think there's a reason that I've  blocked it from my mind. 
Within the walls of his firm it was an open secret,  and so much so that we've had plenty of women tell us  that within the first week or two  of joining that they were warned don't get in the office lift  with Crispin Odey. 
His arrogance is just extraordinary. 
How he has in such strange situations, environments,  not just in the workplace, but in restaurants, for me  at a dinner party, he has continued to behave like this. 
A woman who is referred to in the article as Emily  alleged that the first time he assaulted her he  just wants to put his hand inside her shirt. 
And so he does. 
So the second time when he assaults her,  she's sort of prepared for it. 
She screams. 
So she's trying to leave a meeting room  that she's been having a conversation with Odey in,  and as she's trying to leave he grabs her, put  his hands on her hips, and tries to drag  her back into the meeting room. 
She shouts, Crispin, no!  And when she emerges into the hallway,  she bumps into a senior male employee. 
And she's convinced he was within earshot. 
And he says absolutely nothing. 
There are definitely questions to be  asked about what senior figures at Odey Asset Management  knew or didn't know. 
They probably had a financial interest  in maintaining the status quo. 
Everybody knew what was happening. 
Everybody knew about his behaviour. 
One day, I was forced to go to lunch  at The Gavroche with Odey. 
I was told that I had to go and that I didn't have a choice. 
It had been in the calendar for some time. 
And I couldn't say no to him. 
When I realised that I had no choice,  I asked if I could bring along the other receptionist  to accompany me. 
I didn't feel safe. 
And I did not want to be alone with this man. 
Odey was not happy with me for inviting  this other receptionist along. 
He said that I should direct any conversation to him  and that I had no social skills, because I spoke  to somebody other than him. 
He continued to say things like I would never  be able to eat at a restaurant like that  if I wasn't with him, that he has  all the money and the power, that he is the boss. 
And my poor social skills were why I was just a receptionist. 
So going to the restaurant was the final straw  because it added another level for me  to be told that because of money and power and status  that I could be treated however he liked. 
When we returned from I remember being in such shock  that I sat at my desk. 
And every person that came down from that trading floor  would make some jibe or joke about my lunch  and what did I do to annoy him. 
Odey has come back really angry. 
I have no social skills, making complete fun out  of this situation. 
And that, for me, was just as bad. 
There are lots of people in senior positions  at the firm who absolutely knew what women  said he was doing to them. 
Those who worked alongside him protected him. 
That makes them complicit in this. 
He had enormous power, enormous power as its owner and founder. 
His partners were not always comfortable challenging him. 
He really held people's fortunes in his hands,  so the effect of that enormous power in the company  was to create a culture of secrecy and silence. 
Odey and Odey Asset Management completely got away  with hiding what had happened. 
They didn't acknowledge. 
They never apologised. 
They didn't care. 
It was more about silencing me so that it didn't get out. 
We published on a Thursday. 
The fallout from the investigation  was both rapid and immediate. 
It's been one of the quickest and most decisive unravelings  of a hedge fund that I can remember. 
It was published early morning on the 8th of June. 
By early afternoon that day, Morgan Stanley,  which is one of Odey Asset Management's key prime brokers,  had moved to sever ties with the firm. 
Prime brokers are crucial for hedge funds  to go about their business because they  offer services like stock lending, leverage,  trade execution. 
When Morgan Stanley cut ties it then  became untenable for Odey Asset Management's  other relationships not to go the same way. 
Other firms fearing the reputational fallout  began reviewing and terminating their relationship. 
The French brokerage, Exane, Goldman Sachs followed. 
Schroders said they were pulling their remaining investments  from the firm. 
We also revealed that the UK financial regulator,  the Financial Conduct Authority, was widening its investigation  into Odey. 
He and his firm became a toxic asset  within the City of London. 
Crucially, it really worries Odey Asset Management's  clients, who know that without those banks  the company simply can't do business. 
On the weekend, then, there was another big bombshell. 
The partners at Odey Asset Management  said that they were going to remove  Crispin Odey as a member. 
He suggested to the FT that this is something he would fight. 
I put in a call to Crispin, and he gave his very Crispin-like  response. 
How are they going to do that?  You've got to have a willing buyer, willing seller,  but then hung up. 
At the same time you had clients of Odey Asset Management  putting in redemption requests, so  asking to withdraw their money. 
They decided to shutter the Odey Swan Fund,  blocking redemptions from a number of funds,  just something you only really see in  quite distressed situations. 
Then there was another milestone of when  JPMorgan, which was the prime broker but also the custodian  that safeguards Odey Asset Management's assets,  also began terminating their relationship. 
And this was crucial because having a custodian is  a regulatory necessity. 
On the Wednesday after our story broke,  the Treasury select committee of MPs  wrote to the UK's financial watchdog,  demanding to know what action it had taken  with respect to Crispin Odey. 
Also on the Wednesday, UBS said it  was going to sever its ties with the firm. 
On the Thursday, which was exactly  a week after our report first published,  the company announced that it was looking to break up. 
The company is now in the process  of transferring some of its funds and its fund managers  to other asset management companies,  in effect dismantling one of Britain's oldest asset  management companies. 
I think it's probably closer to a war room  than a company at the moment. 
And how that company can go on existing without Crispin  is very hard to see. 
Things are looking quite bleak for the firm. 
Too many institutions have cut ties,  and I don't see them rushing back any time soon. 
Odey was able to get away with this behaviour for decades. 
I think it speaks to a wider point  across many different industries about money and power  and how people think they are untouchable. 
It wasn't the company in the end. 
It wasn't the courts. 
It wasn't the police. 
It wasn't the regulator. 
It was a bunch of journalists. 
We have finally held someone to account,  and that's benefited the lives of many women  who have been quite seriously harmed by this guy. 
The impact he's had on them has lasted decades, in some cases. 
These women weren't listened to. 
And so it has affected me, and it has affected the way  I think about everything - the system, about where we stand,  and how much we can trust, and how we can be protected. 
Because I now have daughters, and I don't want either of them  to have to go through what I did. 
And I wanted to contribute to positive change,  to highlighting systems that enable and normalise this  behaviour... 
because change is needed. 
He isn't just a man who allegedly  harassed and abused women over many years. 
He's a man that evaded the scrutiny  of the regulator, the police. 
The FCA cannot just sit and turn a blind eye or pretend,  in fact, that they are doing a good investigation when they  are simply not. 
They need to take these things more seriously,  and they need to act more promptly. 
The fact that we are scared to go to the police  because we aren't going to be believed or listened to  is terrible. 
Something really serious needs to change  so sexual assault, wherever it occurred, is handled. 
We do know that Crispin threatened judicial action  against the FCA if it continued to pursue the sexual misconduct  line of inquiry. 
So it's possible they were intimidated by him. 
Why we're able to go through a list of former female employees  and find them and contact them and get some of them  to talk to us and the FCA can't is not clear to me. 
Odey's performance has been incredibly volatile. 
He's had some amazing years but often on a much smaller asset  base. 
And there are investors who've lost a lot of money with him. 
I think it speaks to a wider point about the business  model of the hedge fund industry, which appears to be  a heads, I win, tails you lose. 
He's still got 600mn of his own money in the funds. 
It doesn't feel like a complete sense of justice. 
We've watched his company crumble and disintegrate,  hopefully. 
I feel that is the right thing, but it wasn't the company  that assaulted the women. 
They may have aided and abetted him. 
He is the one who groped us. 
He is the one who needs to be held to account. 
I think the huge number of women in our story  did help it to really hit home. 
But it is depressing that it takes that number of women. 
I feel enormously frustrated for the women who came first. 
There is power in numbers, but it's really  telling of how far we have to go when we only  listen to a collective voice because my voice should  have been enough 20 years ago, as should of many other voices. 
I don't think it's that women weren't believed. 
The vast majority of people knew what Odey was like. 
I don't think they necessarily knew the extremes of it  or the lengths that he went to. 
The women are heard, but they're just ignored. 
The fallout since the FT investigation is something  that I never imagined could ever happen. 
It really highlights how many more people, including Odey,  need to be held accountable and what  we need to do to create systems that protect women. 
I am the mother of girls. 
This behaviour needs to be stopped. 
I don't want my children, my daughters,  going into a workplace and having  to be subjected to what he subjected so many of us  to, so many of us.
欧迪于1959年10月12日出生在霍瑟姆,这是位于赫尔北海港附近的约克郡的一个村庄。他有非常好的成长环境,曾就读于哈罗公学——著名的男童寄宿学校,十六岁进入牛津大学,并于1980年从基督教会学院的历史经济学专业毕业。
欧迪获得了财富意义上的成功(2013年他的收益超过了2200万美元),并过上了优越的生活。他拥有一座18世纪的乡村城堡,位于英格兰与威尔士的边界附近的迪恩森林内。他可以在那里纵情于最喜爱的乡村活动,比如打鸟和钓鱼。
欧迪先在伦敦的一家小型股票公司任职,后又迅速跳槽至亨德森霸菱管理公司(香港亨德森太平洋)管理公司与伦敦商业银行的合资公司)。
欧迪的社交生活与他的商业生涯一样短暂而辉煌。1985年,欧迪与澳大利亚出版业大亨鲁伯特·默多克的大女儿普鲁登斯·默多克结婚。
婚姻只维持了不到两年,但他一直与前岳父的传媒帝国保持着良好的关系。他经常持有的股票之一就与默多克的欧洲卫星电视业务有关。
1991年,欧迪与尼古拉·皮斯结婚,尼古拉来自富有的贵格会家族,这个家族曾创建了巴克莱银行并帮助过史密斯纽考特证券公司的总经理,该经纪公司后被美林证券公司收购。
然而,欧迪开始对工作感到焦躁不安。1989年,霸菱将其资产管理业务合并到霸菱资产管理公司。这个变化意味着欧迪会失去很多自由,他因新制度要求采取集中的股票筛选和选择程序而感到烦恼。也许这是个好方法,但并不适合喜欢自己做主的人。此外,他觉得自己也需要改变。“在做多头资金和机构资金长达15年后,我开始感到十分厌倦,”他说,“厌倦是一个人最不想要的东西。”
霸菱高级主管克里斯多夫·希斯将欧迪介绍给吉拉德·马诺洛维奇——乔治·索罗斯的新兴市场交易员。马诺洛维奇又将欧迪介绍给了索罗斯和出生于匈牙利的投机商助理斯坦利·德鲁肯米勒。
欧迪说:“结识这些人令我十分激动。实质上,最重要的是你能为他们创造多少收益。”
索罗斯只投资对冲基金,而欧迪过去只是做多股票,因而必须进行一些改变。欧迪做出了改变:1992年,他成立了自己的公司——欧迪资产管理公司。
自创立以来的年化收益率也高达12.51%。虽然欧迪在职业生涯中经历了三次亏损,但他也沉着地通过了一些最严酷的市场考验,他在20世纪90年代至21世纪初的互联网泡沫和科技泡沫破裂中表现强势,并在全球金融危机中胜出:2007至2008年间,他的欧洲基金收益率高达130%。
从统计上看,大多数对冲基金只有前三年的收益是最高的。欧迪是少有的能让收益持续增长的经理人。但他的表现很不稳定,他对此毫不隐瞒。“我会在不寻常的时刻创造收益,”他说,“但我也很擅长输钱。”
这句话具有典型的欧迪式语气——既傲慢又自贬,既坚持自己的信念,同时又很自然。作为一位破除传统观念习俗的英国人,他深受传统影响,却又对权威心存怀疑,他还拥有最佳的朋友交际网。
受指控影响,Odey的对冲基金公司面临解散危机。6月17日,英国金融行为监管局对该公司的资金流动采取了限制措施。
多年来,Odey一直是各大新闻的风云人物,享有很高的知名度和公众影响力,例如他做空英镑的举动和对历史上最长牛市中的厄运预测。长期以来他一直代表公司的信誉。2007 至 2019 年期间, Odey进行了超过 170 万英镑的政治捐款。
不当性行为指控将公司置于声誉受损的风险之下,因为这表明公司明显存在着不健康的企业文化、不当的公司监管和不公平的内部结构问题。一些公司的工作环境因此对女性员工不再具有吸引力,不仅使公司失去人才,也因性别比例不平衡而致使公司运行结构难以维系,而其他投资者和企业也不愿意再与一家有声誉问题的公司合作。
防止再次失联,请立即关注备用号
— 往期精彩英语演讲集 —
如何培养出下一代企业家?这个高赞TED演讲值得一看!(附视频&演讲稿)
为什么私人投资比政府投资更容易成功?
73岁达利欧官宣“退休”!12岁炒股,26岁创办桥水基金,他就是管理15000亿元的“投资界的乔布斯”!(附视频&演讲稿)
美国华裔首富逆袭史!身价超马斯克、默多克,超爱买地买楼,养了个女儿还是斯坦福学霸…(附视频)
巅峰对话!沈南鹏对谈苏世民:疫情下中国和世界的投资机会在哪?
唤醒无数父母的TED演讲:对棉花糖的选择,影响了孩子一生!
一个“坏孩子”的TED演讲:作为一个少年犯我学到了什么?
TED演讲:究竟是什么造就了一所优秀的大学?
斯坦福沟通力名师TED演讲:如何克服恐惧,提升你的演讲力?
想第一时间观看高质量英语演讲&采访视频?把“精彩英语演讲”设置为星标就对了!操作办法就是:进入公众号——点击右上角的●●●——找到“设为星标”点击即可。
快分享
要收藏
点个赞
点在看
继续阅读
阅读原文