Hugh Hendry, the fund manager at Eclectica asset management, in his first quarter letter highlighted his funds 3.5 percent net return was contributed by equities and FX. The prominent hedge fund manager attributed the funds performance to gains from long positions in consumer sales and Japanese stocks besides gains from short positions in industrial commodity related stocks. Hugh Hendry is known for his commentary on the financial crisis and the bubble in China. For equities, Hendry’s fund focused on long cash generative businesses with the strongest balance sheets, not affected by economic sensitivity. This view is corroborated by good performance…
Hugh Hendry Bought 40,000 Nikkei Call Option in 2008
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports