Hedge Fund Millionaire Shuns Currencies as Dollar Stalls

Bloomberg – Stephen Diggle, who co-founded a hedge fund that made $2.7 billion over 2007 and 2008, is shunning currencies saying the profit readily available from wagering on the dollar’s appreciation against the euro and yen is over.

There’s been a shortage of ideas for 2015 following the greenback’s strongest rally for a decade, said the chief executive officer of Singapore-based family office Vulpes Investment Management.

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