BOSTON, April 18- Hedge fund manager John Paulson's Advantage Fund is losing money this month in the wake of a sharp sell-off in gold. Paulson's Advantage Fund, one of the $18 billion firm's best-known portfolios, has lost 2.4 percent in the first two weeks of April but is still up for the year, a source familiar with the numbers said on Thursday.
LONDON, April 15- The status of commodities as a distinct asset class is under threat following another lousy start to the year for investors.
CALGARY, Alberta, April 9- Jana Partners, the biggest shareholder in Agrium Inc, said on Tuesday the election for the fertilizer company's board of directors was tainted, and the activist fund appeared to concede that none of its candidates had been elected.
*Corn most hit, with outflow of $3.1 bln; soy, gold next. Money managers slashed by $9.7 billion their net-long holdings across 22 commodities to $59.7 billion during the week to April 2, according to Reuters calculations of data released by the Commodity Futures Trading Commission. Corn, gold and soybeans accounted for nearly 80 percent of the latest decline.
Speaking bluntly, Ackman, who sits on the JC Penney board and whose $12 billion Pershing Square Capital Management is the company's largest shareholder, said big mistakes have been made remaking the 110 year-old retail brand.
Speaking bluntly, Ackman, who sits on the JC Penney board and whose $12 billion Pershing Square Capital Management is the company's largest shareholder, said big mistakes have been made remaking the 110 year-old retail brand.
LONDON, April 4- Hedge funds set up to profit from huge market slides are falling out of favour, signalling that investors are increasingly confident leading central banks can avert the kind of meltdown that followed the Lehman Brothers' collapse.
NEW YORK, March 26- Hedge fund manager Steven A. Cohen has bought a famous Picasso painting from casino mogul Steve Wynn for a record price, according to a report in the New York Post on Tuesday.