Saturday, January 17, 2015

Large Everest Capital hedge fund closing after Swiss franc losses: Bloomberg

WASHINGTON (Reuters) - Hedge fund manager Marko Dimitrijevic is closing his largest hedge fund, Everest Capital's Global Fund, having lost almost all its money after the Swiss National Bank (SNB) scrapped its three-year-old cap on the franc against the euro, Bloomberg news reported on Saturday.






from Reuters: Most Read Articles http://ift.tt/1udkAzB http://www.reuters.com

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