Saturday, June 5, 2010

FT: Hendry takes a big bet on China crash

, the voluble hedge fund manager well known for his bearish
but highly successful calls on the global economy over the past two
years, has taken a big position that is designed to profit from a crash
in China.

Mr Hendry’s London-based Eclectica
Asset Management
has constructed a “short credit” portfolio that
stands to make gains of 250 per cent for his flagship fund in the event
of a slump in China’s growth.

article here

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