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An audience with Hugh Hendry: ‘We need more pirates’

Hedge fund maverick on why he shut Eclectica and why the industry has become safe

An audience with Hugh Hendry: ‘We need more pirates’
Photo: Danilo Agutoli

Hugh Hendry, who closed his London-based global macro hedge fund Eclectica Asset Management last September, believes the hedge fund industry suffers from a chronic shortage of pirates.

Not 17th century sailors, but the 1970s hedge fund pioneers.

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