Wadhwani advocates defensive hedge fund position

Tough environment for CTAs likely to end as interest rates start to rise

Sushil Wadhwani

At first glance Sushil Wadhwani is an unlikely candidate for a hedge fund manager. He professes to be more at home in an academic environment and still keeps strong links with the London School of Economics (LSE), where he taught for many years.

Although he professes political neutrality, he is most usually associated with the UK Labour party. This perceived bias came about mainly through his membership of the Bank of England’s (BoE’s) Monetary Policy Committee (MPC) from June 1999 to May 2002 du