Hugh Hendry may be talking the talk and advising everyone to invest in equities as a hedge against quantitative easing, but his hedge fund, Eclectica Asset Management, seems to be shedding staff in London.
A quick look at the Financial Conduct Authority’s register reveals that Eclectica has lost four registered staff this year, which is quite a lot for a fund which only has eight in total.
Among the departures is Espen Baardsen, the former Tottenham Hotspur and Everton footballer who left football and joined Eclectica in 2005. Baarsden, who was also known as ‘Erik the Viking’ due to his Norwegian heritage, was a partner, fund manager and macro analyst at the firm. His current whereabouts are unknown.