{"id":59970,"date":"2017-09-18T08:20:27","date_gmt":"2017-09-18T12:20:27","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=59970"},"modified":"2017-09-18T08:20:27","modified_gmt":"2017-09-18T12:20:27","slug":"hugh-hendry-closes-hedge-fund-after-15-years-as-losses-mount","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2017\/hugh-hendry-closes-hedge-fund-after-15-years-as-losses-mount.html","title":{"rendered":"Hugh Hendry Closes Hedge Fund After 15 Years as Losses Mount"},"content":{"rendered":"<p>(Bloomberg) Hugh Hendry, the hedge fund manager known for his provocative statements and contrarian views, is closing his Eclectica Asset Management following a 15 year run that ended with losses.   \u201cIt wasn\u2019t supposed to be like this,\u201d Hendry said in an investor letter seen by Bloomberg. The fund \u201cbecame strongly correlated over the short term to the maelstrom of President Trump and the daily news bombs emanating from the Korean Peninsula,\u201d making it impossible to manage small amounts of money, he said.   Hendry\u2019s main fund, Eclectica, slumped 9.4 percent this year through August, according to an investor update. The fund\u2019s assets were $30.6 million as of the end of August, while the overall macro strategy had $116 million.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-09-14\/hugh-hendry-s-eclectica-fund-closes-after-15-years-amid-losses\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Hugh Hendry, the hedge fund manager known for his provocative statements and contrarian views, is closing his Eclectica Asset Management following a 15 year run that ended with losses. \u201cIt wasn\u2019t supposed to be like this,\u201d Hendry said in [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-59970","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=59970"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59970\/revisions"}],"predecessor-version":[{"id":59971,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59970\/revisions\/59971"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=59970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=59970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=59970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}