Nov 4 2011 | 11:39am ET
Paulson & Co. rode last month's stock-market rally to pare its huge 2011 losses, the worst its ever seen.
The $30 billion New York-based firm's flagship Advantage Fund rose 4.7% last month—one in which the Standard & Poor's 500 Index advanced 11%—to cut its year-to-date loss to 29%. A larger, more levered version of the fund, Advantage Plus, returned 2.4% on the month and is down 44% on the year.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…