macro hedge fund manager, economist, and writer
Eric Lonergan is a macro hedge fund manager, economist, and writer. His most recent book is Money published by Routledge. He has written for Foreign Affairs, The Financial Times, and The Economist. He also advises governments and policymakers. He maintains his own blog at philosophyofmoney.net and is a frequent contributor to the M&G multi asset team’s episodeblog.com
Eric joined the M&G’s Multi Asset Team in August 2006. Prior to this he was a Managing Director and Head of Macro Research at JP Morgan Cazenove, responsible for generating structural macro research ideas and identifying the mispricing of assets. He joined Cazenove in 1996, initially as emerging markets economist, and subsequently as global economist and global strategist.
Eric first advocated expanding the tools of central banks to including cash transfers to households in the Financial Times in 2002. In December 2008, he advocated the policy as the most efficient way out of recession post-financial crisis, contributing to a growing debate over the need for ‘helicopter money’.
Eric is also a supporter of Big Issue Invest (BII), the investment arm of The Big Issue, and is one of the initial limited partners in BII’s Social Enterprise Investment Fund LP. In a personal capacity, he makes direct investments in social enterprises.