Important Information
The legal and regulatory information on this website ("Information") contains terms and conditions which apply to you and includes important information on our companies and applicable risk warnings. We intend to rely on this Information and for your own benefit you should read the Information carefully. If you do not understand any of the Information please do not hesitate to contact us.
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The Information is not directed at any person or entity, nor is it intended for distribution or use in any jurisdiction or country where it is illegal or unlawful to access and use such information. Odey disclaims all responsibility if you access or download any Information in breach of any law or regulation of the country in which you reside.
The Information is not directed at any person or entity in the United States, and this site is not intended for distribution or to be used by any person or entity in the United States unless those persons or entities are existing investors in funds managed by Odey and they have applicable US exemptions.
Accordingly, all persons who access this site are required to inform themselves of and to comply with all applicable sales restrictions in their home country.
Regulators and registered offices
In the United Kingdom the Odey group operates a number of regulated entities (collectively referred to as "Odey"):
Odey Asset Management LLP ("OAM"), is a limited liability partnership incorporated in England and Wales under number OC302585. It is authorised and regulated by the Financial Conduct Authority ("FCA") and registered as an investment adviser with the US Securities and Exchange Commission ("SEC"). It has its registered office is at 18 Upper Brook Street, London, W1K 7PU.
Odey Wealth Management (UK) Limited is a limited company incorporated in England and Wales under number 05771936 ("OWMUK") and is authorised and regulated by the Financial Conduct Authority ("FCA"). It has its registered office at 18 Upper Brook Street, London, W1K 7PU.
Odey Wealth Management (C.I.) Limited ("OWMCI") is a limited company registered in Guernsey under number 48037 and is licensed by the Guernsey Financial Services Commission. It has its registered office at Hadsley House, Lefebvre Street, St Peter Port, Guernsey, GY1 2JP..
Sales Restrictions
The Information is provided for information purposes only and on the basis that you make your own investment decisions and do not rely upon it. Odey is not soliciting any action based on it and it does not constitute a personal recommendation or investment, legal, tax or other advice. Should you have any queries about the securities or investment funds referred to on this site, you should obtain specific professional advice for your personal circumstances before making any investment decision.
Risk Factors
Past performance is not an indication of future performance. The value of investments and the income from them may go down as well as up and investors may not get back the amount invested. Because of this, you are not certain to make a profit on your investments and you may lose money.
Exchange rates may cause the value of overseas investments and the income arising from them to rise or fall.
The levels and bases of and reliefs from taxation may change. Any tax reliefs referred to are those currently available and their value depends on the circumstances of the individual investor. Investors should consult their own tax adviser in order to understand any applicable tax consequences.
Accuracy of Information
The Information (including any expression of opinion or forecast) has been obtained from, or is based on, sources believed by Odey to be reliable, but is not guaranteed as to its accuracy or completeness and should not be relied upon. The Information is provided without obligation on the part of Odey and on the understanding that any person who acts upon it or changes his investment position in reliance on it does so entirely at his own risk. The Information does not constitute an offer to buy or sell or an invitation to make an offer to buy or sell any of the securities or shares in any fund referred to herein.
Information is current only as at the date it is first posted and may no longer be true or complete when viewed by you. All Information may be changed or amended without prior notice although Odey does not undertake to update this site regularly.
Some of the Information may be provided by third parties and Odey accepts no responsibility or liability for the accuracy of such information.
Compensation
In the UK only, OAM and OWMUK are covered by the Financial Services Compensation Scheme ("FSCS"). Eligibility depends upon the type of business and the circumstances of the claim. Most types of investment business are covered for up to £85,000 per eligible claimant. Further information about compensation arrangements is available from the FSCS (www.fscs.org.uk).
Investors in Guernsey are not eligible for the payment of any compensation under the Collective Investment Schemes (Compensation of Investors) Rules 1988 made under the Protection of Investors (Bailiwick of Guernsey) Law, 1987 (as amended). For full details of compensation available in Guernsey please refer to the Guernsey Financial Services Commission website (www.gfsc.gg).
Complaints
To obtain a copy of the Odey Complaints Handling Procedure or to make a complaint about this site please send a written complaint for the attention of the Compliance Officer to: Odey, 18 Upper Brook Street, London, W1K 7PU.
No Liability
No representation, warranty or undertaking is given by Odey as to the accuracy or completeness of the Information by Odey and no liability is accepted by Odey for the accuracy or completeness of such Information. In no event will Odey be liable to any person for any direct, indirect, special or consequential damages arising out of any use of the Information, or on any other hyper-linked site, including, without limitation, any lost profits, business interruption, loss of programs or data on your equipment, or otherwise, even if Odey is expressly advised of the possibility or likelihood of such damages. This does not exclude or restrict any duty or liability that Odey has to its customers under any regulatory system.
You should be aware that the Internet is not a completely reliable transmission medium. Odey does not accept any liability for any data transmission errors such as data loss or damage or alteration of any kind, including, but not limited to any direct, indirect or consequential damage, arising out of the use of the products or services referred to herein. This does not exclude or restrict any duty or liability that Odey has to its customers under any regulatory system.
Indemnity
You agree to indemnify, defend, and hold harmless Odey, its affiliates and licensors, and the officers, partners, employees, and agents of Odey and its affiliates and licensors, from and against any and all claims, liabilities, damages, losses, or expenses, including legal fees and costs, arising out of or in any way connected with your access to or use of this website and the Information.
Material Interests
Odey and its partners, officers and/or employees may have holdings in the funds referred to on this site and may otherwise be interested in transactions that you effect in those funds.
Linked Websites
This site may be linked to third party websites or contain information provided by third parties. Odey does not make any representation as to the accuracy or completeness of such websites or information, has not and will not review or update such websites or information, and cautions browsers that any use made of such websites or information is at their own risk. Odey does not accept any liability arising out of the information contained on any linked website or Information provided by a third party and the use of such sites and information is at your own risk. Our Privacy Policy does not apply to third party websites. This does not exclude or restrict any duty or liability that Odey has to its customers under the regulatory system in the United Kingdom.
Copyright, Trademarks and Other Rights
Copyright, trademarks, database rights, patents and all similar rights in this site and the Information contained are owned by Odey, its licensors or relevant third party providers. You may use the Information and reproduce it in hard copy for your personal reference only. The Information may not otherwise be reproduced, distributed, stored or transmitted without Odey's written consent. Nothing on this site should be considered as granting any license or right under any trademark of Odey or any third party.
Governing Law
You agree that your use of this site and any dispute arising from the use of this site is subject to English law and you submit to the jurisdiction of the English courts.
Privacy and cookies
Odey is committed to safeguarding your Personal Data. You may be asked through this site to provide Personal Data such as your name, address, telephone number, email address and other information in connection with Odey's client registration procedures. To the extent that Odey collects any Personal Data about you, Odey will hold it in confidence and in accordance with applicable data protection legislation. Please see our Privacy Policy for details as to how we hold and use your Personal Data.
Telephone calls made to Odey will be recorded and recordings may be used for training purposes or to meet Odey’s regulatory requirements. Any Personal Data provided during the call will be used and held in accordance with relevant data protection requirements.
Odey uses cookies: a "cookie" is a small file placed on your device to allow us to recognise and remember your browser. We can use several types: session cookies to help you navigate to the appropriate part of Odey's website for the jurisdiction in which you are located - these are temporary and will be removed at the end of your session; persistent cookies if you click on "remember me" to enable you to customise your use of the website - this will be stored on your computer's hard drive until automatic expiry after 30 days or until you delete it; persistent cookies to collect non-personal data for analytic reports and advertising to track your use of the Odey website – this is stored on your computer's hard drive until they expire or until you delete them; advertising cookies so we can understand what sort of pages you are interested in and display advertising on your browser to promote Odey products and services based on these interests and show you advertising based on your browsing patterns and interactions on Odey’s and other third-party websites. We may share online non-personal data collected through cookies with our advertising partners. By clicking on the acceptance box you hereby give your consent to Odey using these cookies.
[Updated on 28-Mar-23]