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:
“I’ve been in the twilight of my career longer than most people have had their career.”
—Martina Navratilova (b. 1956)
“A black boxer’s career is the perfect metaphor for the career of a black male. Every day is like being in the gym, sparring with impersonal opponents as one faces the rudeness and hostility that a black male must confront in the United States, where he is the object of both fear and fascination.”
—Ishmael Reed (b. 1938)
“Whether lawyer, politician or executive, the American who knows what’s good for his career seeks an institutional rather than an individual identity. He becomes the man from NBC or IBM. The institutional imprint furnishes him with pension, meaning, proofs of existence. A man without a company name is a man without a country.”
—Lewis H. Lapham (b. 1935)