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At Least A Few People Loving Swiss National Bank Chief Right About Now

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Vielen Dank!

If there are any of you left after three straight years of losses from 2011 to 2013, you’re among the very few who hold Swiss National Bank President Thomas Jordan in high regard right now.

Man Group's hedge funds which use computer programs to drive their investment decisions have made gains of up to 5.7 percent in the first two weeks of January, profiting in part from the surprise jump in the value of the Swiss franc….

The $2.8 billion AHL Alpha fund advanced 2.9 percent, while the AHL Currency fund, which gained 58 percent in 2014, added another 4 percent to its returns.

Swiss franc helps boost Man Group’s computer-driven hedge funds [Reuters]


Hedge Fund Managers Still Having Nightmares About The Swiss Franc

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By Remy Steinegger, World Economic Forum from Cologny, Switzerland (World Economic Forum Annual Meeting Davos 2008) [CC BY-SA 2.0], via Wikimedia Commons Copyright by World Economic Forum by Remy Steinegger +++No resale, no archive+++

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