Entries tagged "Hugh Hendry"
Scottish financier Hugh Hendry, CIO of hedge fund Eclectica Asset Management, has reared his head again, but instead of bringing his message of gloom and doom to Reuters, he's sharing it with The Wall Street Journal. Last April, Hendry appeared at a London conference saying much the same thing he told the Journal. And despite the five month interval, and recent market upheaval, a post by The Deal's editor in chief Robert Teitelman on Hendry's earlier comments still seem relevant. Teitelman's post comes after the break. - Matthew Wurtzel ...
This in Wednesday, via a Reuters conference in London: Hugh Hendry, CIO of hedge fund Eclectica Asset Management, declared that financial stocks could take 25 years to recover from the subprime disaster and added that Citigroup Inc. would fall below $10 a share. ...