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Paulson Drops as Hedge Funds Fall 0.4% in February

Bloomberg – Hedge funds fell 0.4 percent last month, trailing global stocks, as funds including those at John Paulson’s Paulson & Co. and Ray Dalio’s Bridgewater Associates LP posted declines in February.

Multistrategy and macro managers decreased last month, while long-short equity hedge funds rose, according to data compiled by Bloomberg. Hedge funds that gained in February include Steven A. Cohen’s SAC Capital Advisors LP and Renaissance Technologies LLC, founded by Jim Simons. Hedge funds on average rose 1.5 percent this year.

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