Jeremy Hosking

Jeremy Hosking

Founder & Portfolio Manager

London, GB

Profile Verified by The Marque

Last Updated: 22 Sep 2026

In Their Own Right

Biography

Jeremy is a prominent British investor and entrepreneur known for pioneering the Capital Cycle approach to equity investing during his time as co-founder of Marathon Asset Management.

In 2013, Jeremy founded Hosking Partners LLP, an independent investment management firm in London, specialising in contrarian global equities and focusing on long-term investments for institutional clients. He is one of four investment partners at Hosking Partners, each of which manages an autonomous sleeve of the portfolio.

Jeremy is a contributing author of the books "Capital Account" and its sequel, "Capital Returns." These works elucidate the Capital Cycle and are essential reading for value-oriented investors.

One of his other notable ventures is in the rail industry, where he co-owns Great Northern Railway, Locomotive Services Limited, and the Royal Scot Locomotive and General Trust. He also holds a significant stake in FirstGroup, one of the largest transport operators in the UK.

His passion for heritage railways drives him to invest in restoring and preserving steam locomotives, demonstrating his dedication to British industrial history. Committed to protecting this heritage, he actively supports various heritage railway trusts and museums, ensuring these vital elements of British history are preserved for future generations.

In 2010, Jeremy became a part-owner of Crystal Palace Football Club, playing a crucial role in the club's turnaround and helping it regain stability and return to the Premier League.

The Record

Background

  • 2013 — Present

    Founder & Portfolio Manager

    Hosking Partners

    Hosking Partners is an independent asset management firm located in London that specialises in global equity investments. The firm manages a long-term global equity strategy powered by capital cycle analysis.

  • 1986 — 2012

    Founding Partner & Lead Portfolio Manager

    Marathon Asset Management

    Marathon Asset Management is a privately owned investment management firm located in London. The company specialises in long-term, often contrarian strategies for global equity investments aimed at institutional clients.

  • 1979 — 1986

    Director

    GT Capital Management LLC

    GT Capital Management LLC is a boutique investment management firm dedicated to providing tailored financial strategies and wealth management solutions for its clients.

In The News

Newsfeed

  • 10 April 2025 · Hosking Partners

    Plunging share prices and soaring 'known unknowns'

    Read more
  • 12 August 2024 · Hosking Partners

    Japan: The Best Game in Town

    Read more
  • 21 May 2024 · The Telegraph

    Meet the rail-mad millionaire with Britain’s only privately owned train

    Read more
  • 21 February 2024 · The Times

    Barclay's investors fear twist in Venkat's tale

    Read more
  • 21 February 2024 · Reuters

    Barclays maps uncertain route to a simpler, stronger future

    Read more
  • 20 February 2024 · Citywire

    Jeremy Hosking: Barclays’ business-as-usual circus has gone on for too long

    Read more

Formative Years

Education

  • St. Catharine's College | University of Cambridge

    1975 — 1979

Areas Of Focus

Expertise

  • Philanthropy
  • Entrepreneurship
  • Bloodstock
  • Sport
  • Asset Management
  • Association Football/Soccer
  • Author / Columnist / Writer
  • Investment Management
  • Thought Leadership
  • Transport