FXCM Goldman Sachs Swiss Franc

Everest To Shut Big Fund Amid Big Losses On Swiss Franc Bet

Marko Dimitrijevic is closing his largest hedge fund, Everest Capital's Global Fund, after losing virtually all its money last week following the Swiss National Bank's removal of the three-year-old cap on the franc against the euro, according to a Bloomberg report. Citing people familiar with the development, the exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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