5/7/2017 Britain'srichesthedgefundmanagersrevealed:BlueCrest'sMichaelPlattsoars,whileCrispinOdeysuffers|CityA.M.

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Friday5May201712:05am
Revealed:Britain'srichesthedgefundmanagersBlueCrest'sMichaelPlattsoars,whileCrispinOdeysuffers
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5/7/2017 Britain'srichesthedgefundmanagersrevealed:BlueCrest'sMichaelPlattsoars,whileCrispinOdeysuffers|CityA.M.

BlueCrestcapitalcofounderandmanagingdirectorMichaelPlatttoppedthelist,again(Source:Getty)
MichaelPlatt,thecofounderandmanagingdirectorofBlueCrestCapital,hasretainedhisstatusasBritainsrichesthedgefund
manager.
ThePrestonbornhedgefundmanagerswealthhasgrownby300minthepastyear,extendinghisleadoverrivalsinthe
industry.Plattnowhasanestimatedwealthof2.4bn.
BlueCrest,whichPlattfoundedalongwithWilliamReeves,whohasretiredfromthefirmtoHawaii,nowonlyhandlesthewealth
ofpartnersandmembers,havingcalledtimeonmanagingthemoneyofoutsideclientslastyear.
Thestrategyappearstohavepaidoff.Thefundreporteda50percentgainduring2016andPlatthasconsolidatedhisplaceas
thewealthiesthedgieonthe2017SundayTimesRichList,thedefinitiveguidetowealthintheUnitedKingdom,whichis
publishedthisSunday,7May.
InstarkcontrasttothesoarawaysuccessofBlueCrest,6.5bnhedgefundOdeyAssetManagementlost49.5percentofits
valueduring2016.ItsfounderCrispinOdeybetagainsttheUKeconomyaftertheBrexitvote,despitebeingaprominentLeave
campaigner.
Related

CityTalk
CFAInstituteTalkFintech:whatwillbringthemostchange?
Odeyandhiswife,NicholaPease,sawtheirwealthdecreaseby125mto775mduringtheyear,leavingtheminseventh
place.
Brexitcreatedsomegoldenopportunitiesforthehedgefundworldandsomemassivepitfalls,saidRobertWatts,compilerof
theSundayTimesRichList.
Readmore:World'slargesthedgefundwarnsonTrump

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5/7/2017 Britain'srichesthedgefundmanagersrevealed:BlueCrest'sMichaelPlattsoars,whileCrispinOdeysuffers|CityA.M.

Name MichaelPlatt
Hedgefund BlueCrestCapital

2017wealth 2.4bn
Wealthincrease/decrease Up300m

Name RobertMillerandPrincessMarieChantalandfamily
Hedgefund SearchInvestmentGroup
2017wealth 1.58bn

Wealthincrease/decrease Nochange

3
Name DavidHarding

Hedgefund WintonGroup
2017wealth 1.3bn

Wealthincrease/decrease Up150m

4
Name SirMichaelHintze

Hedgefund CQS
2017wealth 1.28bn
Wealthincrease/decrease Nochange

5
Name AlanHoward
Hedgefund BrevanHoward

2017wealth 1.04bn
Wealthincrease/decrease Nochange

Name SirChrisHohn
Hedgefund TCIFundHoldings

2017wealth 820m
Wealthincrease/decrease Up100m

Name CrispinOdeyandNicholaPease
Hedgefund OdeyAssetManagement
2017wealth 775m

Wealthincrease/decrease Down125m

http://www.cityam.com/264090/richesthedgefundmanagersrevealedbluecrestsmichael 5/8
5/7/2017 Britain'srichesthedgefundmanagersrevealed:BlueCrest'sMichaelPlattsoars,whileCrispinOdeysuffers|CityA.M.

8
Name ChrisRokos

Hedgefund BrevanHoward/RokosCapitalManagement
2017wealth 700m
Wealthincrease/decrease Up40m

Name JohnArmitage
Hedgefund EgertonCapital

2017wealth 540m
Wealthincrease/decrease Up40m

10=

Name SirPaulMarshall
Hedgefund MarshallWace

2017wealth 505m
Wealthincrease/decrease Up40m

10=
Name IanWace

Hedgefund MarshallWace
2017wealth 505m

Wealthincrease/decrease Up40m
BelowPlattinthehedgierichlistcameSearchInvestmentGroupsRobertMiller,PrincessMarieChantalandfamily(1.58bn,
nochange),WintonGroupsDavidHarding(1.3bn,up150m),CQSfounderSirMichaelHintze(1.28bn,nochange),Brevan
HowardsAlanHoward(1.04bn,nochange)andSirChrisHohn,headoftheChildrensInvestmentFund(820m,up
100m).Overall,thewealthofthetop10hedgefundmanagerstotalledcloseto11bn,withmorethan500maddedtotheir
collectivewealthinthelastyear.
ComingbehindOdeywereChrisRokos,formerlyofBrevanHoward,nowofRokosCapitalManagement(700m,up40m),
JohnArmitageofEgertonCapital(540m,up40m)and,injoint10thplace,SirPaulMarshallandIanWace,foundersof
MarshallWace(both505m,up40m).
Wattssaid:Almostallofthisgroupescapedtheturmoilwiththeirreputationsandfinancesintact.Itwillbeinterestingtoseehow
manyhedgiesinourlistfollowMichaelPlattsleadandquitmanagingotherpeoplesmoneyandchooseonlytomanagetheir
ownfortunes.
Readmore:Forbesrichlist:Gatesleadclosed,Trumpflounders
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