Odey to Shutter Only Fund Run by Female Money Manager (1)

Odey Asset Management is shutting an emerging markets fund as the firm continues to reorganize in the wake of sexual assault allegations against founder Crispin Odey.

The Brook Global Emerging Markets Fund — run by Sophia Whitbread, the only female portfolio manager at what used to be Crispin Odey’s investment empire — will close no later than Sept. 22 “due to the significant reduction in assets under management,” the firm said Tuesday in a letter to clients.

The fund’s assets had dropped to $33 million at the end of July, from a peak of $104 million earlier this ...