Meredith Whitney says no more hedge funds

Hedge Fund

Meredith Whitney, who turned fame as a banking analyst into a stint running her own hedge fund, is through with managing other people’s money.

'I think that chapter of my life is over', she said in an interview with Fox Business on Wednesday. 'This whole experience has been highly unfortunate and I’m putting it behind me'.

Bloomberg News reports that Whitney’s prescient warning before the financial crisis that Citigroup would cut its dividend turned her into a Wall Street star and put her on magazine covers.

Her firm Kenbelle Capital and its American Revival Fund started investing in heartland stocks in November 2013, after she predicted on TV and in a book that the center of the U.S. would boom.

To access the complete Bloomberg News article hit the link below:

Meredith Whitney Says She’s Done With Hedge Funds After Struggle

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