Hugh Hendry

Turkish Equity Short Helps Hugh Hendry End 2013 With Slight Gains

Hugh Hendry, Eclectica Asset Management, December 2013 letter to investors.
Also read - Hugh Hendry turns bullish [FULL LETTER]

The Fund finished the year strongly, returning 2.7% in December to close up 0.8% for 2013.

• Equities were the biggest contributor, accounting for 2.8%. Index call options spread across the US, Japan and Germany made 1.6% whilst US-listed holdings . . .


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