The billionaire bet more heavily on mortgage insurers, suggesting he expects the housing recovery to continue.» Read More
NEW YORK, Feb 5- The credit rating agency, Standard& Poors, announced Monday that it was the target of a civil lawsuit by the Justice Department for its actions in rating the complex securities that played a major role in the 2008-2009 financial collapse. It is interesting that the other two major rating agencies, Moody's and Fitch made no announcements.
Helped by start-ups in and around Toronto's financial district, the Canadian industry is estimated to manage more than C $30 billion, up from about $15 billion four years ago.
CNBC's Kate Kelly reports hedge fund manager John Paulson revealed some of his latest holdings last night and told investors why he's bullish on gold and housing.
CNBC's Kate Kelly reports John Paulson is calling for a bottom in housing and he's bullish on the U.S. economy and energy. Paulson's recent slump has some questioning his call.
LONDON, Jan 9- Betting against the European Central Bank, and the eurozone's survival in general, proved a costly strategy for hedge funds in 2012..
LONDON, Jan 2- The entry of new investors like hedge funds into the reinsurance market is likely to keep prices mostly flat when European customers renew policies in January, despite the industry's losses from superstorm Sandy, broker Willis Re said.
Back in May, as the euro zone veered deeper into crisis, Nobel Prize-winning economist Paul Krugman penned one of his gloomiest columns about the single currency, a piece in the New York Times entitled "Apocalypse Fairly Soon".
NEW YORK, Dec 20- Gold plunged below $1,650 an ounce on Thursday, falling more than 1 percent as heavy liquidation by hedge funds and signs of an improving U.S. economy triggered a technical sell-off that sent prices to their lowest since August.
NEW YORK, Dec 10- Gold rose for a third session on Monday as investors were uncertain about the U.S. budget crisis and hopeful that the Federal Reserve will unveil new economic stimulus this week. Growing unease about Europe boosted safe-haven bids for bullion after Italian Prime Minister Mario Monti announced he would resign once the 2013 budget is approved.
BOSTON, Dec 7- Hedge fund manager John Paulson told his clients on Friday evening that his funds experienced mixed returns in November with softer gold prices weighing on some portfolios.
*Some big-name Romney backers will be watching from Boston. Now, some heavyweights of the $2 trillion industry plan to break out the champagne and party in style Tuesday night as they cheer on their man at events in Boston, New York and even Las Vegas, according to people familiar with the Romney campaign and some of the big contributors.
Oct 26- Individual donors to U.S. presidential candidates can contribute up to $2,500 for the state-by-state party nominating contests and another $2,500 for the general election.
Fed up with lagging returns at the hedge fund, investors large and small are opting to either reduce their capital at risk or yank it entirely by year’s end.
A wrong bet on Europe burned Paulson badly last year, so he shored up his risk controls and hedges. But this year, a combination of hedging costs and battered gold-mining stocks have given his funds another bruising, reports CNBC's Kate Kelly.
CNBC's Kate Kelly reports investors in the billionaire's hedge fund are losing patience with the fund's performance.
CNBC's Kate Kelly reports the latest details on the returns on hedge fund manager, John Paulson's funds.
BofA is holding a conference call with hedge fund manager John Paulson, reports CNBC's Kate Kelly.
Leading hedge fund managers are betting on a significant sell-off in German government bonds in the coming months after a sharp fall in yields on the debt paper driven by a flight to safety in the eurozone, the Financial Times reports.
The "Squawk Box" news team weighs in with their perspective on the markets ahead of the opening bell, including a look at billionaire hedge fund manager, John Paulson spending some of his fortune on a palace in the mountains, with CNBC'S Robert Frank.
"It's dangerous for investors merely to mimic what large investors are doing, because you're always going to be late," says one market pro. "That includes not just buying but, importantly, selling."