Hugh Hendry Full Eclectica Letter on China’s Impending Collapse. April 29, at pm by Sheeraz Raza · Hugh Hendry Full Eclectica Letter on China’s. Hugh Hendry is a fund manager at Eclectica Asset Management. He has become prominent in the United Kingdom for his commentary on the. Eclectica Asset Management CEO, Hugh Hendry, talks to the media at the However, we also think it will end in Asia,” he said in the letter.

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Hugh Henery Eclectica hedge fund is no more. The outspoken Glaswegian has shuttered the 15 year-old fund after it slumped 9. For the moment, Hendry the hedge fund manager is out of action. In a letter to investors he said he’ll sit out of trading until the next downturn, but said he’s optimistic about the global economy.

All will now be out of jobs, along with Hendry himself. Here’s what you didn’t know about the UK’s most colourful ex-hedge fund manager. According to this article in the Independent, Lettee was the first in his family and one of the only people at his school to go to university.

Ecclectica grew up close to the Gorbals, a notorious housing estate in Glasgow. Hendry studied Accounting and Economics at Strathclyde. He had intended to go into accounting because, “your ticket to the middle classes was law or accountancy. 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.


Hugh Hendry’s Eclectica Letter: The rate of living theory and an enduring US economic recovery

The partner warned him that he would regret it as long as he lived. 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.

He stayed there for eight years and managed funds in the US and British teams. According to the Independenthe was ‘labelled a troublemaker. He didn’t like it there, and again according to the Independent’spoke up’ and was fired within a month.

In an interview five years agoHendry says he was pretty unemployable in London after leaving Credit Suisse: I spent a year doing this, a year doing this, whatever, and so I was a generalist.

Luckily, however, he met hedge fund manage r Crispen Odey. Odey invited Hendry to dinner and reportedly told him: After this ‘fortuitous encounter,’ Hendry moved to Odey Letted Management inaged Despite being highly opinionated and extremely prone to expressing his opinions, Hendry seems to have feigned placidity when he was first at Odey.

When he first joined, he told The Hedge Fund Journal that he spent 12 months ‘paying his hendyr, ‘keeping quiet’ and ‘soaking up what was going on.

It’s bad eclecticq to communicate with genius,” he told Investor’s Chronicle. Hendry says their relationship moved into a ‘second phase’ characterised by the realisation that Odey wasn’t infallible and characterised by the notion that, “That is an interesting view you’re giving me, here’s what I think. Can I tell you about the real world? He also thinks they are the political opposition.


Hugh Hendry Full Eclectica Letter on China’s Impending Collapse

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Hugh Hendry Is Back – Full Eclectica Letter | Zero Hedge

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