After spending a couple of years in worst performing hedge fund lists, John Paulson’s event-driven funds have gained some ground this year. Reuters’ Svea Herbst-Bayliss reports that Paulson’s flagship Advantage funds were up in the last month. Paulson Advantge ($1.8 billion) took a gain of 1.9 percent, whereas Advantage Plus ($2.6 billion) was at 2.8 percent in the last month. Each fund is now up 10 percent and 14.4 percent, respectively. Paulson’s decent returns come at a time when most event-driven funds, such as York Capital and Third Point, had a difficult time navigating the market. Paulson up in all of…
Paulson Gains In August, Ray Dalio's All Weather Down Again
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.