Hugh Hendry is the principal portfolio manager and leads both the investment thinking and the research team at London-based Eclectica Asset Management. His billion-dollar hedge fund operates in the eye of the financial storm, the blame for which he says lies squarely at the door of the financial elites: the banks, pensions funds, regulators and governments who were all “asleep at the wheel.”
In my opinion, Mr. Hendry couldn’t be more correct if he tried. And the ‘academic’ from Columbia University obviously overpaid for his education.
Read more about Hugh Hendry and what he has to say about the financial and economic situation here.