Hugh Hendry
From Wikipedia, the free encyclopedia
Hugh Hendry is a Scottish fund manager who has become prominent in the UK for his commentary on the financial crisis.
Born in 1969 in Glasgow, Scotland, Hendry graduated from Strathclyde University in 1990 with a BA in economics and finance. He became the first non-Oxbridge graduate to get a job at the prestigious Edinburgh investment management firm, Baillie Gifford.[1]
Hendry has been referred to as "the most high-profile Scot in the controversial (Hedge Fund) sector."[2]
Hendry has recently gained notoriety for railing against government bailouts and moral hazard in interviews and round-robin discussions. On an episode of the BBC’s Newsnight program aired on May 26, 2010 Hendry was featured along with Gillian Tett of Financial Times and Jeffrey Sachs of Columbia University. Hendry responded to a question from host Jeremy Paxman about the current European economic situation and the possibility of a Greek sovereign debt default with the comment “I would recommend you panic”.[3]
[edit] Notes
- ^ Usborne, Simon (22 March 2010). "Master of the universe: Can Hugh Hendry teach us to love hedge funds?". The Independent. http://www.independent.co.uk/news/business/analysis-and-features/master-of-the-universe-can-hugh-hendry-teach-us-to-love-hedge-funds-1924913.html. Retrieved 28 May 2010.
- ^ Sharp, Tim (20 Dec 2009). "Scottish hedge fund king: I’m heading offshore to avoid Brussels’ penalties". The Herald (Scotland). http://www.heraldscotland.com/business/markets-economy/scottish-hedge-fund-king-i-m-heading-offshore-to-avoid-brussels-penalties-1.993348. Retrieved 28 May 2010.
- ^ Comstock, Courtney (27 May 2010). "Sachs: I Would Recommend You Stop Going Skiing And Panic". Business Insider. http://www.businessinsider.com/hugh-hendry-vs-jeffrey-sachs-2010-5. Retrieved 28 May 2010.
