Odey Asset Management, a London-based hedge fund firm, has opened a new office in Switzerland as part of expansion strategy.
The new office will employ four staff, according to a Financial Times report.
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Orlando Montagu, a partner at Odey, said that the Swiss office will serve as a base for analysts looking for European companies, and for servicing its growing continental European investor.
A spokesperson for the company said: "We recently held two lunches with 70 investors in each. This would have been impossible six months ago."
Odey currently manages approximately US$12.3 billion of assets.
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