Paulson Gorges On Gold

Aug 15 2012 | 12:12pm ET

Paulson & Co. has taken advantage of the recent swoon in gold prices to hoard more of its favorite precious metal.

The New York-based hedge fund bought up 4.5 million more shares of the SPDR Gold Trust exchange-traded fund. U.S. equities linked to gold bullion now account for a whopping 44% of the hedge fund's $21 billion in assets.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…