UPDATE 1-Hedge fund Hoplite Capital plans to shut down - letter <!-- no image --> <div>Hedge fund Hoplite Capital is returning money to outside clients after a period of sluggish returns, the firm's founder, John Lykouretzos, told investors in a letter on Wednesday.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=7-Ad_ZByM8g:e1Fxl1ejAVY:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=7-Ad_ZByM8g:e1Fxl1ejAVY:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=7-Ad_ZByM8g:e1Fxl1ejAVY:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=7-Ad_ZByM8g:e1Fxl1ejAVY:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=7-Ad_ZByM8g:e1Fxl1ejAVY:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/7-Ad_ZByM8g" height="1" width="1" alt=""></div> Posted by Reuters