Here, without comment is Hugh Hendry’s Letter to Investors for Q1 The Eclectica Fund – Q1 Review The Fund returned % (net). Hugh Hendry, founder and CIO of Eclectica Asset Management, have made the difficult decision to close the Fund,” Hendry said in the letter. Hugh Hendry (born March ) is the founding partner and, at various times, the chief investment officer, chief executive officer and chief portfolio manager of.
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Odey invited Hendry to dinner and reportedly told him: We are time investors,” Hendry said.
Scottish hedge fund manager Hendry calls time on Eclectica
Eclecyica theory that will take artificial intelligence to the trading floor Morning Coffee: Here’s what you didn’t know about the UK’s most colourful ex-hedge fund manager. However, in the fourth year of his four year course he realised that he had absolutely no desire to become an accountant and returned the sponsorship money he’d received from the accounting firm. He began to attract attention when his fund achieved a Despite being highly opinionated and extremely prone to expressing his opinions, Hendry seems to have feigned placidity when he was first at Odey.
God is dead, life is absurd and there are no rules. Eclectica had some vintage performance years and Hendry’s bearish positions on the crises in Greece and Iceland reaped dividends. Morgan by Paul Clarke 14 September He had intended to go into accounting because, “your ticket to the middle classes was law or ufnd.
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He didn’t like it there, and again according to the Independent’spoke up’ and was fired within a month. He adds, however, that in a post-crisis world where stability was seen as an overwhelming virtue, his skill set was less viable.
fubd Eclectica Asset Management was founded in  when Hendry and his colleague Simon Batten purchased the management contract of the Eclectica Fund from Odey to establish themselves as a stand-alone fund manager. Hendry received his own schooling in maverick trading during his time with hedge fund icon Crispin Odey. He claimed that he was hired only because investors had instructed the company to recruit more working-class employees.
An audience with Hugh Hendry: ‘We need more pirates’ – Financial News
On an episode of the BBC ‘s Newsnight programme aired on 9 AprilHendry began his response to comments by the Nobel Prize—winning economist Joseph Stiglitz on the financial position of Greece by saying, “Erm, hello.
InHendry claims to have been the first non-Oxbridge graduate to get a job at Edinburgh-based fund manager Baillie Gifford known for its graduate training programme. The great difficulty for global macro funds since was the brevity of the trends. It’s and Eclecttica Bank would like everyone to calm down.
Asked what he learned from hedge fund life, he says: No long-distance commuting after Rund How to stay married when you work in banking. Views Read Edit View history.
The outspoken Glaswegian has shuttered the 15 year-old fund after it slumped 9. At the time, he saw politicians making a show of railing against the industry. In an interview five years agoHendry says he was pretty unemployable in London after leaving Credit Suisse: Even if he wanted to return to hedge funds, he adds, the bridges have been burned: Associate director of international equities, Credit Suisse Asset Management Misbehaviour is all about curiosity, how you invoke and think about change, which is very necessary in the management of money.
Hugh Hendry, who closed his London-based global macro hedge fund Eclectica Asset Management last September, believes the hedge fund industry suffers from a chronic shortage of pirates.
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