
Hugh Hendry is a Scottish investor and founder of Eclectica Asset Management. He's known for his contrarian views on the economy and his ability to navigate complex financial situations.
One of the key things we can learn from Hugh Hendry is the importance of thinking independently and being willing to challenge conventional wisdom. He's not afraid to take a contrarian view, even if it means going against the majority.
Hugh Hendry's experience as a portfolio manager has given him a unique perspective on the investment world. He's managed funds for over two decades and has a deep understanding of the markets.
His willingness to take calculated risks has led to some impressive returns for his investors, and it's a lesson we can all learn from. By being brave enough to take a different path, we may just find ourselves ahead of the curve.
Hugh Hendry's Background
Hugh Hendry was born in Glasgow, Scotland, in 1969.
He grew up in the city's Castlemilk district.
Hendry graduated from Strathclyde University in 1990 with a BA in economics and finance.
He joined the Edinburgh investment management firm, Baillie Gifford, in 1991.
Hendry has been highly critical of EU regulatory policy.
After Baillie Gifford, he worked briefly for Credit Suisse Asset Management before joining Odey Asset Management in 1999.
Early Life and Education
Hugh Hendry was born in 1969 in Scotland. He grew up in a family that valued education.
Hugh Hendry attended the University of St Andrews, where he studied philosophy.
Career Highlights
Hugh Hendry's impressive career has been marked by several notable achievements. He is a renowned hedge fund manager and a prominent figure in the financial world.
Hugh Hendry's career spans over three decades, with his first major role being at James Caird Partners in 1991. He later co-founded Eclectica Asset Management in 2002.
Hugh Hendry's investment strategy has been focused on macroeconomic trends, which has allowed him to make savvy bets on the markets. He has successfully navigated various market conditions, including the 2008 financial crisis.
Hugh Hendry's expertise has been recognized through numerous awards and accolades, including being named one of the best hedge fund managers by Institutional Investor in 2009.
Recommended read: Stephen Mandel (hedge Fund Manager)
Old Firm Too
Hugh Hendry's investment in the Old Firm was a significant one. He invested around £2million into both Celtic and Rangers in the mid-2000s.
This investment came from an anonymous family of Italian bankers. It was a substantial amount, making him the largest single investor in Celtic at the time after Dermot Desmond.
Hugh's shabby appearance led to a memorable meeting with Gordon Strachan, the then Parkhead manager. He introduced himself as representing the club's second biggest investors, praising Strachan's work.
The £2million investment was a rounding error in Hugh's line of work.
Sources
- https://en.wikipedia.org/wiki/Hugh_Hendry
- https://www.maximusstrategic.com/blog/hugh-hendry-on-why-stories-not-spreadsheets-win-investors
- https://www.finnotes.org/people/hugh-hendry
- https://www.thescottishsun.co.uk/tvandshowbiz/9607015/scot-castlemilk-to-caribbean-after-making-millions/
- https://moneyweek.com/360385/hugh-hendry-full-transcript
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