Eclectic Capital Management, a Melbourne based Equity Long/Short manager established in 1999 has closed as at the end of September,and returned all funds to investors.
Eclectic's performance to the end of September was -4.2% YTD, well above the benchmark of the ASX200, and broadly in line with the AFM Hedge Fund Index. However, Eclectic's August performance report noted that "investing in this market is like driving a land cruiser down the Nullabor and hitting rumble strips. You can get through but it's not much fun, and it's not good on the nerves."
