A top hedge fund manager known as one half of the City’s “Posh and Becks” has been appointed as chairman of a fund house her husband Crispin Odey has been betting against.
Nichola Pease – whose family helped found Barclays Bank, where her brother-in-law John Varley was formerly chief executive – will take over at Jupiter Fund Management next March.
The 58-year-old is married to Brexit-backing hedge fund chief Mr Odey, who was short-selling Jupiter’s shares as recently as Oct 31 when he had a bet against 0.66pc of the stock, according to filings with the Financial Conduct Authority watchdog.
One source said that position has now been closed, adding that he will have to follow the same rules as…