Russell Napier
Russell Napier is an independent financial market strategist, stock market historian, researcher, and accomplished author, specializing on issues impacting global equity markets. He is the Co-Founder and Chairman of ERIC Electronic Research Interchange, a high-quality global investment research discovery, evaluation, and procurement marketplace. He is also the Founder and Director of the Practical History of Financial Markets course at Edinburgh Business School and initiator of the Library of Mistakes, a non-profit library specializing in business and financial history, with branches in India, Switzerland and Edinburgh. Napier has worked in the investment industry for 30 years and has been advising global macro strategy for institutional investors since 1995. His work often features lessons from financial history with a particular focus on trends in money and credit. He speaks on the interplay between economics and financial markets.
Russell Napier Professional Experience / Academic History
Professional Experience
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Co-Founder, Chairman
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Consultant
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Investment Manager
Academic History
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J.D., Law
RESEARCH & EXPERTISE
Napier studies financial market data across extended time frames to assess equity valuation and gain insight into where markets are going next.
He is known to be bearish on equities and commodities and expects deflation to hit developed markets.
His work has focused on the growing evidence that the world is living through a breakdown in the global monetary system.
He advised clients to invest for such an outcome rather than invest as if we are living in just another business cycle expansion.
CURRENT APPOINTMENTS
Co-Founder, Library of Mistakes
Chairman, Mid Wynd International Investment Trust
Investment Advisory Committee, Cerno Capital
Prior to launching ERIC, he was a Consultant Global Macro Strategist with CLSA Asia-Pacific Markets for almost 20 years.
He contributed to the development of and scope of CLSA's equity research, and authored the global macro report “The Solid Ground,” originally published by CLSA and now published independently.
EARLY CAREER
He began his career in investment at Baillie Gifford in Edinburgh, before joining the Asian stockbroker CLSA in May 1995 as an equity strategist in Hong Kong.
He was ranked No.1 for Asian strategy in both the Asiamoney and Institutional Investor polls from 1997 to 1999.
From 1999 to 2014 he continued writing and publishing but as a consultant for CLSA and regularly appeared in the research polls.
MEDIA & PUBLICATIONS
Napier has appeared as a guest on Real Vision and Real Vision Festival of Learning.
He has also appeared in Business Insider and The Economic Times.
His book Anatomy of a Bear – Learning from Wall Street’s Four Great Bottoms was published to critical and commercial acclaim.