Friday, 19 December 2014
Last updated 2 hours ago
Dec 4 2012 | 2:33pm ET
Investors waiting for Paulson & Co. to bounce back from its awful 2011 are likely going to have to wait until 2013, at least.
The firm's Advantage Plus Fund, which lost 53% last year, is down a further 19% this year through October. It's Advantage Fund, which is less levered than its counterpart, is down 13% this year, after falling 36% last year, CNBC reports.
Those putrid performances have earned both funds spots on HSBC's 10 worst list; Advantage Plus is the second-worst performer tracked by the bank this year, besting only Conquest Capital Group's Macro Fund, which is down 27% through November.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.