Sunday, 21 December 2014
Last updated 6 hours ago
Jan 8 2013 | 1:36pm ET
Last year was another bad one for Paulson & Co.—but it wasn't as bad as it could have been.
The embattled New York hedge fund saw its Advantage Plus Fund rally in December, with a 4.5% return. That cut its loss to 19% for the year, Bloomberg News reports.
Last month's gain for Advantage Plus also indicates that the firm's flagship Advantage Fund, a less-levered version of the same strategy, will have pared its loss in December, although likely by less than Advantage Plus. Advantage was down more than 17% 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.