Tuesday, 31 March 2015
Last updated 1 hour ago
Aug 7 2014 | 4:54pm ET
Paulson & Co.’s hedge funds fell across the board as stocks swooned in July.
The firm’s Advantage Plus Fund fell 5.3% last month and is down 3% on the year. The unlevered Advantage Fund dropped 4.4% and is now down 4.1% on the year. Paulson’s Recovery Fund also gave back all of its first-half gains in July, sinking 4.9%. It is now down 0.6% year to date.
Paulson’s other funds merely saw their year-to-date gains pared. Paulson Partners dipped 1.3% to cut its 2014 return to 5.1%. Its Credit Opportunities Fund fell 1.4% and is up 7.5% year to date.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…