Hugh Hendry, one of the hedge fund industry's most outspoken managers, has warned that the economic crisis is headed for Asia, with the region's largest economy, China, struggling under a bursting property bubble and tumbling demand for its exports. Hendry, who runs Eclectica Asset Management, which has around $700 million in assets, said in his first investor letter of great length since the winter of 2010 that he was "more pessimistic on Chinese growth than ever."Hendry made a video with the BBC that showed a day in the life of a hedge fund manager.
Friday, May 4, 2012
Hugh Hendry Predicts Debt Crisis Heading for China
Hugh Hendry is making headlines once again, in this story.