Paulson Funds Rise In April

May 6 2011 | 1:06pm ET

Paulson & Co. managed a small gain last month after spending much of the month in the red.

The firm's flagship Advantage Fund and its Advantage Plus Fund each rose 0.1% last month, Bloomberg News reports. Both remain down year-to-date after having their January and February gains wiped out in March; the former is down 1.2% through April and the latter is off 1.7%.

But things could have been worse: The Advantage Fund was down 0.32% through April 22.

Other Paulson funds did significantly better in April, especially those that glittered: Paulson's Gold fund erased its year-to-date losses with an impressive 8.5% return last month (7.8% year-to-date). And the gold-denominated share classes of the Advantage and Advantage Plus funds were up 6.5% (5.6% YTD) and 6.3% (4.9% YTD), respectively.

The firm's Enhanced Fund added 4.5% in April (12% YTD). Its gold shares did even better, jumping 10% on the month (17% YTD). And the firm's Credit Opportunities Fund rose 1.4% (7.8% YTD), with its gold shares adding 7.1% (14% YTD).


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

Concerned About Your HFT Exposure? Hedge It!

Mar 26 2015 | 1:06pm ET

High-frequency trading has been a persistent storyline for several years. The trading...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note