Career
On graduation, he joined the Australian Army for three years, rising to the rank of Captain.
Moving to New York to train in financial services, he worked for Salomon Brothers and Credit Suisse First Boston. Relocating to London with them, he then became Head of Equity Trading at Goldman Sachs.
In 1999 he launched his own hedge fund company, CQS, and has been cited in the press as one of the highest paid people in the City of London.
Hintze was ranked #5 on Financial News’ FN100 Most Influential list in the hedge fund category.
CQS Asset Management, which has been described as "one of the world's leading credit market players" has assets under management reported at $11 billion. The CQS Directional Opportunities Fund, which is managed by Hintze, was ranked #3 on Bloomberg's list of the 100 top-performing large hedge funds for 2012.
CQS was reported to be on the opposite side of the infamous JPMorgan trade by Bruno Iksil, nicknamed the London Whale, in which JPMorgan lost an estimated $2 billion. The total gains by CQS are unknown.
Hintze is credited by veteran economic commentator and journalist Alex Brummer with warning about the state of UK banking, the outlook for the UK housing market, and the scale of toxic-debt on the balance sheets of UK banks.
Read more about this topic: Michael Hintze
Famous quotes containing the word career:
“John Brown’s career for the last six weeks of his life was meteor-like, flashing through the darkness in which we live. I know of nothing so miraculous in our history.”
—Henry David Thoreau (1817–1862)
“In time your relatives will come to accept the idea that a career is as important to you as your family. Of course, in time the polar ice cap will melt.”
—Barbara Dale (b. 1940)
“He was at a starting point which makes many a man’s career a fine subject for betting, if there were any gentlemen given to that amusement who could appreciate the complicated probabilities of an arduous purpose, with all the possible thwartings and furtherings of circumstance, all the niceties of inward balance, by which a man swings and makes his point or else is carried headlong.”
—George Eliot [Mary Ann (or Marian)