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Everest Capital Posts Gains in EM Funds, Losses in Asia
The Miami-based firm is up in four of its six hedge funds, thanks to winning bets on currencies and emerging-markets stocks, but an Asia-focused fund lags.
Marko Dimitrijevic, Everest Capital (Bloomberg)All but one of the funds managed by Marko Dimitrijevic’s Everest Capital extended their gains in August, making them among the best-performing macro and emerging-markets hedge funds through August. The Miami-based firm, which invests globally but with a strong emphasis on emerging markets, reported that four of
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