Wednesday, 17 September 2014
Last updated 5 sec ago
Dec 8 2010 | 3:14am ET
Paulson & Co. continued it hot streak last month with a 1.13% return for its flagship and continued strong results for its gold fund.
The $9 billion Advantage Plus Fund has surged over the last three months. The rebound, which began in September with a 12.5% return, has seen the fund erase an 11% loss through August; it is now up 3.7% on the year, Reuters reports.
The $32 billion firm's dedicated gold fund, by contrast, never had to worry about red ink. The fund, which launched in January, rose another 5.8% last month and is up 33.6%. And while that's not quite the triple-digit returns Paulson became famous for during the financial crisis, it's quite a bit better than the average hedge fund's return, which is hovering in the single digits.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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