Origo Partners has announced that eleven employees, including Chris Rynning and Niklas Ponnert, have resigned from the company and eight of these are now employed by Origo Advisers Limited, three employees had their employment contracts terminated at a cost to Origo Partners of $21,000. Origo Advisers Limited has now taken up the reins of managing the company’s assets and so the company is now externally managed and old internal management function no longer functions (and is therefore worthless, though this was already reflected in Origo Partners’ net asset value).
OPP : Origo now externally managed