Global Macro Funds In Shock After Swiss Decide To Remove Currency Cap

News week
-
0

Markets in Shock After Swiss Decide to Remove Currency Cap

NEW YORK/LONDON (Reuters) – Currency speculators, especially large global macro hedge funds with big short positions in the Swiss franc, are staring massive losses in the face after the Swiss National Bank shocked markets on Thursday by removing a three-year-old cap on the currency. The move sent the safe-haven franc soaring against the euro and the…

Warren Buffett’s Annual Letter: Mistakes, Buybacks and Apple

Berkshire Hathaway Warren BuffettWarren Buffett published his annual letter to shareholders over the weekend. The annual update, which has become one of the largest events in the calendar for value investors, provided Buffett's views on one of the most turbulent and extraordinary years for the financial markets in recent memory. Q4 2020 hedge fund letters, conferences and more Read More


No posts to display