Paulson Down 9% In Dec., 52% In '11

Dec 23 2011 | 10:10am ET

Paulson & Co. is in danger of ending its worst-ever year with one of its worst-ever months.

The New York-based hedge fund, better known for posting triple-digit returns than for nursing double-digit losses, has seen its flagship Advantage Fund shed 6% through Dec. 16, leaving it down about 36% on the year. A more highly-levered version of that fund, Advantage Plus, lost a further 9% during the first two weeks of December and is down about 52% on the year, Reuters reports.

What's more, Paulson's gold fund, once a bright spot in a dark year, has failed him, as well. With gold sinking almost 20% since September, the gold fund is now down 7% on the year.


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note