Former Odey Asset Administration dealer joins Sarasin & Companions in a multi-asset position

Sarasin & Companions has appointed a former Odey Asset Administration dealer to hitch its ranks as a multi-asset supplier, The TRADE can reveal.

Neil Palan joins Sarasin & Companions as a multi-asset supplier after over 16 years with Odey Asset Administration. Sarasin & Companions had not responded to a request for remark on the time of publishing.

Palan started his profession at State Road in 2006 as a fund administrator, becoming a member of Odey in an analogous position simply over a 12 months later.

He subsequently served in quite a lot of roles together with as treasury supervisor and head of treasury earlier than transferring into his most up-to-date dealer and head of treasury position in 2018.

Odey Asset Administration introduced it was set to start winding down in October final 12 months following allegations referring to its founder Crispin Odey. The agency confirmed in a press release in December that its final consumer mandate had come to an finish.

“There isn’t any doubt that 2023 has been an expertise for all of us on the corporations. We now have mentioned and thought of many various outcomes,” mentioned Peter Martin, chief govt and associate, in a press release.

“All I can say is that the dedication and professionalism now we have witnessed from all elements leaves us very proud to have labored with all our groups.”