Hugh Hendry is a distinguished Scottish hedge fund manager and podcaster, renowned for his innovative approach to investment management. He began his professional journey at Baillie Gifford in 1991, where he honed his skills in investment management. His tenure there laid the foundation for his future success, as he developed a keen understanding of market dynamics and investment strategies.
In 1999, Hendry joined Odey Asset Management, where he learned the art of momentum investing under the mentorship of Crispin Odey. His ability to manage a diverse range of funds, including the award-winning Odey Continental European Fund, showcased his talent for navigating complex market conditions. Hendry’s unique perspective on investment, emphasizing curiosity and misbehavior, set him apart as a contrarian investor, earning him significant recognition in the financial community.
In 2005, Hendry co-founded Eclectica Asset Management, where he served as chief investment officer. Under his leadership, the firm achieved remarkable success, notably delivering a 31.2 percent positive return in 2008 during the financial crisis. His philosophy of being a ‘time investor’ rather than strictly value or growth-oriented resonated with clients and investors alike, further solidifying his reputation as a thought leader in the hedge fund sector.
Hendry’s media presence has also been impactful, as he has provided insightful commentary on economic issues, particularly during the financial crisis. His appearances on platforms like BBC’s Newsnight and Question Time have made him a prominent voice in the industry, showcasing his expertise and engaging style. With a career marked by innovation and success, Hendry continues to inspire and influence the world of finance.