The Traderszone Network

Published in TZ Latest News 17 September, 2017 by The TZ Newswire Staff

Hugh Hendry’s Eclectica Asset Management Said To Close

Most interesting here is his market commentary. Last line.

Sep 14 2017 | 11:31pm ET

Famed hedge fund manager Hugh Hendry is reportedly shuttering Eclectica Asset Management following performance declines in its flagship fund and a reduction in AUM from more than $1 billion in 2013 to less than $120 million.

Hendry, who founded macro-focused Eclectica in 2005, came to prominence after posting gains of 31% in 2008 by betting against financial sector giants in the U.S. and Europe during…

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