Balyasny Hit Hard By Swiss Franc, But Bailed Out Through DiversificationMark Melin
With the significant hedge fund short exposure to the Swiss currency before the historic currency price rise that took place recently, it was ultimately just a matter of time before the hedge fund losers on the Swiss trade started to appear, and Everest is not alone in that regard.
Put Balyasny Asset Management (BAM) on the list. The multi-strategy investment . . .
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