(Bloomberg) John Paulson is suffering deepening losses in two of his hedge funds, a sign that the positive turnaround in performance seen by several managers this year may be out of reach for the billionaire. Paulson & Co.’s Advantage fund, which wagers on companies going through corporate events including spinoffs and bankruptcies, fell 2.8 percent last month, bringing this year’s losses to 18.5 percent, according to people with knowledge of the matter.
To read this article:
Paulson’s 2016 Loss Mounts With Advantage Fund Down 18.5%
This entry was posted in Syndicated. Bookmark the permalink.
