Hendry's 'China Short' Fund Makes Big Returns Published: Monday, 12 Dec 2011 | 9:08 PM ET By: Sam Jones, Hedge Fund Correspondent Shorting the credit of companies positioned to do badly from a Chinese slowdown has proved to be one of the hedge fund industry’s most successful trades of 2011. Hugh Hendry, the outspoken U.K. hedge fund manager known for his bearish, often contrarian views on the global economy, has seen his ‘China short’ fund rack up gains of more than 52 percent so far this year, investors have told the Financial Times. The gains compare to a loss for...