BAML Withdraws From Paulson Advantage FundMark Melin
Bank of America’s Merrill Lynch wealth management unit is pulling $82 million in client assets out of John Paulson’s Advantage Access Fund due to volatility and liquidity concerns, multiple sources with familiarity of the situation tell ValueWalk.
BAML confirms withdrawal from Paulson advantage fund
A spokeswoman at Merrill Lynch confirmed the withdrawal in a statement to ValueWalk: “As part of our commitment to our clients, we provide rigorous initial due diligence and ongoing detailed analysis of all funds on . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible