Chris Reid, CIO of Iguana Investments, breaks down long/short transformation investing | EP9

Chris Reid, CIO of Iguana Investments, joins Strand Global Macro Talks to share how he built a £200M long/short equity fund around one core idea: find companies transforming from within before the market catches on. We cover his five-test investment framework, how single stock factor analysis shapes his positioning, and why he thinks understanding investor flows matters more than most fundamental managers admit. Chris also reflects on leaving a £1.2B fund at its peak to go back to Cambridge, and what that decision taught him about building a career on your own terms.