Wednesday 19 May 2010

Hugh Hendry Shorts China, Betting on 1920s Japan-Like Crash

May 18 (Bloomberg) -- British hedge fund manager Hugh Hendry is betting China’s “credit bubble” will burst, causing its economy to contract and triggering a global crisis.

Hendry’s Eclectica Asset Management has bought options on 20 companies in international markets that will profit from “a dramatic collapse” of China’s growth that’s been fueled by an unprecedented lending boom, Hendry said in a May 17 telephone interview from London.
porky CF Eclectica Absolute Macro Fund
Investment Objective
The investment objective of the Fund is to generate positive and uncorrelated absolute returns in all market conditions over a 12 month period. The Fund aims to achieve its objectives by employing actively managed strategic asset allocation across all of the assets eligible for a UCITS scheme including global equity, bonds, foreign exchange and cash and other financial instruments. The Fund may also invest indirectly in commodities through the use of financial indices, in structured products, exchange traded funds, exchange traded notes and exchange traded commodities. The Fund may use contracts for differences for the purposes of shorting and it may use derivatives, forward transactions, hedging and other investment techniques (long and short positions) for investment and EPM purposes. The Fund may also invest in collective investment schemes, deposits, money market instruments and other transferable securities and structured products. Both long and short forward currency positions other than in the base currency may be acquired for hedging and investment purposes. High portfolio turnover is expected to be a feature of the investment approach
Launch date
31st December 2009
時 日 月 年
辛 庚 丙 己
巳 戌 子 丑
身弱
2010 庚,2011辛 幫身任財
小運2010己卯 2011戊寅 不賺錢
2012丁丑賺錢

中國將是最後一根稻草的駱駝背(2002年年中??

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