After salivating at the Alibaba IPO, hedge fund managers lucky enough to buy in early are indeed getting a nice kick to their returns.» Read More
Many investors have been tested this year, as a confluence of events, from natural disasters to an unexpectedly weakening economy, has pummeled stocks. A report from TheStreet details four high-profile, respected fund managers who have struggled this year.
John Paulson is now down 38.7% YTD in his Advantage Plus fund, according to the Wall Street Journal.
Some of the world's top hedge funds are continuing to suffer losses during the painful month of August amid heavy market volatility.
CNBC's Kate Kelly has the story on huge losses at John Paulson's hedge fund, and funds that are reaping big returns on market volatility.
The largest hedge fund run by legendary manager John Paulson is down 21 percent for the year. The Advantage Fund, which has over $17 billion in assets under management, suffered losses between 10 and 11 percent since the start of August.
A senior lawyer for the Securities and Exchange Commission recently took center stage in a major case involving a controversial mortgage security sold by Goldman Sachs. There was just one slight twist in the legal proceedings. The S.E.C. lawyer was not the prosecutor taking the deposition. He was the witness. The New York Times reports.
Since the formation of the NYSE in 1792, players in various financial and commodities markets have made vast sums of money. Check out our list of the greatest trades of all time.
Paulson & Co, the hedge fund that made billions from betting on a collapse in mortgage-backed securities during the financial crisis, has made more than $550m from a recovery in the value of bonds it bought in failed investment bank Lehman Brothers. The FT reports.
John Paulson spoke with investors last week, presumably in order to address his poor performance recently.
Hedge fund managers are preparing to enter the second half of the year with plenty to be bearish about – and not much, it seems, to make money from. The FT reports.
CNBC's Herb Greenberg reports John Paulson sold his entire stake in the Chinese company due to uncertainty over its public disclosures and financial statements.
The “Norma” deal that the SEC is investigating was one of several complex transactions that became known under one name, “The Magnetar Trade.” To many in finance, it is still considered one of the most elegant trades in recent memory.
Discussing the snapping up of Lehman Brother's distressed debt, with Kyle Bass, Hayman Capital Partners.
The strongest case for investing in municipal bonds turns on claims of expertise. Unfortunately, there’s little reason to be confident in these claims of expertise and strong reasons to be skeptical.