Sunday, 21 September 2014
Last updated 1 day ago
Sep 9 2013 | 11:25am ET
Paulson & Co.'s best-performing funds took a bit of step back in August.
The New York-based hedge fund's Partners Enhanced Fund fell 0.9% last month to cut its year-to-date gains to 21%, Bloomberg News reports. The firm's top fund in 2013, Recovery, also lost ground on the month.
Paulson flagship Advantage and credit funds enjoyed gains in August.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.