Finance

The 13 richest hedge fund managers in Britain

michael hintze1Michael Hintze, CEO of CQS hedge fund.Reuters

The last couple of years have been rocky for hedge fund managers following a rollercoaster ride in the commodities markets.

Hedge fund manager Crispin Odey saw his wealth melt by £200 million ($287 million) this year to £900 million, according to the Sunday Times Rich List, released on April 24.

Alan Howard, the cofounder of Brevan Howard, also fell from the number one spot after a devastating £460 million plunge in his wealth over the last year.

Next year’s list is likely to reveal an equally tough year for hedgies. Sterling hit 31-year lows against the dollar in 2016, oil prices are still deflated, and Brexit is on the horizon.

The Sunday Times, which lists the 1,000 wealthiest individuals and families in the UK, ranked the richest hedge fund managers in Britain. Business Insider took a look at the top 13 below:

(All the ages of the people who made the list correspond to the time their fortunes were calculated, which was as of April 24, this year).

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