Well known hedge fund manager Hugh Hendry is to close Eclectica Asset Management, which he founded 12 years ago after leaving Odey AM, following a tough period for his macro strategies.
In a letter to investors, Hendry said the substantial risk book of his flagship Eclectica fund - which has slumped 9.4% this year through August - "became strongly correlated over the short term to the...
Duo start roles on 1 October
Where true value lies
Economy to thrive despite global risks
Behaviours, animals or something else?