Paulson Flagships Sink In Feb.

Mar 7 2012 | 2:15pm ET

Paulson & Co. is a little bit farther from making up the huge losses it suffered last year after a disappointing February.

The firm's flagship Advantage Fund lost 0.8% on the month, missing out on February's market rally, which pushed the Standard & Poor's 500 Index up 4.1% on the month. Paulson reduced its market exposure during last year's catastrophic losses, which were as high as 50% for its Advantage Plus Fund.

That fund lost 1.5% last month. Both funds remain in positive territory for the year, up between 3% and 3.5%.

Other Paulson funds did a good deal better, including Paulson Partners Enhanced, which added 6.5% in February. The fund is now up 11% on the year.


In Depth

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Artivest Announces Funding Round Led by KKR & Co.

May 4 2015 | 9:56am ET

Artivest, a startup that provides individual investors with access to private equity...

Guest Contributor

Starting a ‘40 Act Fund Family? Don’t Forget Your Board

Apr 30 2015 | 7:18am ET

The convergence of the hedge fund and mutual fund worlds continues unabated, as...

 

Editor's Note