Eclectica Asset Management LLP is a London-based discretionary global macro firm, founded in 2005. Having worked together at Odey Asset Management since 2000 Hugh Hendry (Founder/CIO), Tim Arengo-Jones (CEO) and George Lee (Portfolio Manager/Head of Research) form the senior management team.
Eclectica was established to combine high-conviction, independent macro investing with a focus on the protection of clients' capital. Through strict and practical implementation, the firm's experienced investment team maintains a dynamic approach to the deployment of risk; effecting a quick and measured response to changes in the market environment.
The flagship Eclectica Fund was launched in October 2002 with Eclectica Asset Management taking over the management of the Fund following inception of the firm. The Fund invests across all asset classes on behalf of both institutional and private clients. In addition to the offshore vehicle, the firm also manages two onshore UCITS funds (Global Macro and Agricultural Equity) and individual client managed accounts.
Eclectica's aim is to provide its clients with a return stream independent of any major asset class and to protect their wealth through challenging market conditions.
Ian is the non-executive chairman of the LLP board and brings over 35 years' experience in global financial markets to Eclectica, having built and managed numerous multi-billion dollar financial services companies during the course of his career. Ian was the founding Chairman of the Alternative Investment Management Association (AIMA).
Hugh is the principal portfolio manager and leads both the investment thinking and research teams. Hugh has over 20 years’ investment experience with Baillie Gifford, Credit Suisse Asset Management and Odey Asset Management. As partner at Odey Hugh managed a range of funds from $1bn of long-only European mandates to the Eclectica Fund.
Following a degree in classics from Cambridge, George joined Odey Asset Management in 2000, where he trained as an analyst. In 2005 he joined Eclectica and oversees research across all strategies in addition to managing the Agriculture Fund.
Tim joined Eclectica in 2005 from Odey Asset Management and has a degree in Economics from the University of Bristol. He is responsible for the management of firm-wide activities and has a wealth of experience across several areas of the business including marketing, trading and finance.
Richard joined Eclectica in 2012 and has over 15 years’ banking and hedge fund experience. Prior to joining the firm, he worked at Brevan Howard Asset Management as well as Citi and BNP Paribas. Richard is also the firm’s Chief Compliance Officer.
After graduating with a 1st class Masters in Physics from Imperial College London, Tom joined the graduate scheme of Brevan Howard Asset Management in 2008. Here he rotated through trading, risk and quantitative analysis, before becoming a strategist for the equity team. In 2012 he joined Eclectica, initially focusing on research and analysis and has since progressed to portfolio management.
Joe joined Eclectica in 2008 and is responsible for the management of the firm’s investor relations function. Joe previously worked as a private client stockbroker after graduating from Kingston University with a degree in Law.