July 20, 2010

Hugh Hendry has a big mouth, as Hugh Hendry will tell you.

With a sharp wit and a sharper tongue, Mr. Hendry, a plain-spoken Scot, has positioned himself as the public contrarian thinker of London's very private hedge fund community, Julia Werdigier of The New York Times reports.

The euro? It's finished, Mr. Hendry proclaims.

China? Headed for a fall.

President Obama? "If there was a way to short Obama, I would," Mr. Hendry says.

Mr. Hendry runs the successful hedge fund firm, Eclectica Asset Management. It is an old-school macroeconomic fund company with a big-think, globe-straddling style more akin to the Quantum Fund, of George Soros fame, than to the high-tech razzle-dazzle of Wall Street's math-loving quants.

"Hugh is an anachronism," said Steven Drobny, a founder of Drobny Global Advisors. "He reminds one of the original hedge fund managers from the '70s and '80s."

At 41, Mr. Hendry is also emerging from the normally hush-hush world of hedge funds to captivate fans and foes with a surprising level of candor.

Click on the link below to read the full article:





Original Posting At:   NYTimes