Paulson Gold Fund Up 11%

Nov 3 2014 | 11:15am ET

Paulson & Co.’s dedicated gold fund has enjoyed something of a rebound this year.

The $400 million PFR Gold Fund rose 11% through the first three quarters, Reuters reports. Through the same period last year—the worst year for gold in 30—the fund was down 62%.

The news isn’t all gold for the Gold Fund, which managed primarily founder John Paulson’s own money: It has given back a chunk of its early gains. PFR was up 18% in January alone.

What’s more, things may have taken a turn for the worse last month, when gold prices fell to fresh four-year lows.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...