Paulson Plummets Another 10% In August

Aug 9 2011 | 12:49pm ET

Things have gone from bad to worse for Paulson & Co.

The New York-based hedge fund giant’s largest hedge fund, already down 22% through the end of July, has lost about half as much again since the beginning of this month. Both the Advantage Plus and Advantage funds are down between 10% and 11% in August, CNBC reports.

Advantage was down about 15% through July.

On the bright side, the Paulson funds haven’t been hit quite as hard as the Standard & Poor’s 500 Index, which has lost 13.37% this month.

Paulson’s funds were down by double-digits as late as September of last year before rallying to end 2010 up 11%. But the funds were never down by this much at any point last year.


In Depth

Steinbrugge: Will Hedge Funds Help or Hurt During the Next Market Correction?

Sep 7 2016 | 11:55pm ET

Most investors have become accustomed to quick rebounds when markets correct, but...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...