David Harding | |
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Born |
David Winton Harding August 1961 (age 55–56) Oxford, England |
Residence | London, England |
Nationality | British |
Alma mater | St Catharine's College, Cambridge |
Occupation | Investment management |
Years active | 1982 to present |
Known for | Founder of Winton Group |
Net worth | GB£1.1 billion (April 2016) |
David Winton Harding (born August 1961) is a British billionaire businessman, and the founder, and CEO of Winton Group. He had previously co-founded Man AHL (formerly Adam, Harding & Lueck). He favours quantitative investment strategies, using scientific research as the basis of trading decisions. His philanthropic works include the establishment of a chair at the University of Cambridge and a center at the Max Planck Institute for Human Development, both dedicated to the study of risk, and the foundation of a research programme into the physics of sustainability at the University of Cambridge's Cavendish Laboratory. As of 2015, he is the joint-treasurer of Britain Stronger in Europe and chairman of the finance committee.
David Winton Harding was born in August 1961. He studied at Pangbourne College and went on to read physics at St. Catharine's College, University of Cambridge, graduating in 1982 with first class honours. Later that year he began a traineeship at Wood Mackenzie, a stockbroker. After two years, he joined the futures brokerage firm, Johnson Matthey & Wallace, as a trader in commodity futures.
In 1985, Harding became a futures trader at Sabre Fund Management, one of the first commodity trading advisors (CTAs) in the United Kingdom. He drew on his scientific background to design trading programs for futures markets. He remained with the firm for two years, until founding Adam, Harding & Lueck (AHL) in 1987 with Michael Adam and Martin Lueck.
The firm created AHL as a quantitatively focused CTA. In 1989, ED & F Man (which later became the Man Group) purchased a 51 percent stake in the firm. When Man bought the whole firm in 1994, Harding became head of Man Quantitative Research. In 1996, he left to set up his own firm. According to Barron's, Harding had left Man after becoming frustrated by lack of focus on research and the bureaucracy of working in a large firm.