Big Hedge Fund Whacked
January 02, 2013 at 08:57 AM EST
Wall Street Pit One of the biggest leveraged hedge funds in the world got hit with a 2×4 during the 4th Q. This fund has a mixed bag of assets, but was heavily exposed to big FX positions. The fund made a big “bet” recently when they went short EURYEN. This turned sour in a very big way; [...] Big Hedge Fund Whacked Related posts: 4 Ways to Profit From Silver’s Explosive Growth Is China Experiencing Hot Money Outflows? From Big Scandals, Great Lessons Flow