Fortress Macro Hedge Fund Down Almost 8% YTD

Jan 21 2015 | 9:36am ET

Fortress Investment Group's macro hedge fund lost 7.64% in the week ending January 16 and is now down 7.9% on the year.

The firm did not explain the loss in a letter to investors seen by Reuters, but last week saw the Swiss National Bank remove the cap on the Swiss franc, sending the currency up as high as 41% against the euro and putting at least one New Zealand-based currency dealer out of business.

In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...


CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...