Profit at Odey Asset Management tanked 52% before the high-profile hedge fund cashed in on bets against UK government bonds and the pound late last year.
Odey Asset Management, run by billionaire Conservative Party donor Crispin Odey, saw profit slump to £18.8m for the 12 months to 5 April 2022, according to its latest financial results, down from £39.6m.