Richard “Jerry” Haworth

Jerry co-founded 36 South in 2001 and has 35 years of investment experience. He is a portfolio manager and a member of the senior management and risk committees.

Jerry is well known for his thought leadership in the volatility space. He often represents the firm at high profile educational and professional events, and is a frequent guest speaker and writer on volatility in the financial media.

Prior to co-founding 36 South in 2001 in New Zealand, Jerry was instrumental in the establishment of the futures and options market in South Africa. He served as an executive member of the South African Futures Exchange. He traded government bonds for a large discount house before being appointed Head of equity derivatives for one of South Africa’s largest and most successful merchant banks, Investec Ltd. In 1996, Jerry founded Peregrine Holdings Ltd. The company offered a range of services including stock-broking, futures and options broking, pension fund structuring and financial software development to South Africa’s large financial institutions, but its main niche was designing derivative strategies for institutional clients normally packaged as structured notes. Peregrine enjoyed phenomenal early success under his management culminating in a stock exchange listing in 1998 in which the value of the company rose over 400% on IPO.