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Posted on: Sept. 11, 2015, 5:11 p.m.
John Paulson’s hedge funds faced tough sledding during August as volatility on global securities markets soared. The company’s flagship Paulson Partners fund fell 4.2% in August, according to Reuters. The loss brings the Paulson Partners portfolio to a 2015 YTD gain of 6.52%. Paulson’s Advantage Fund, which follows an event-driven strategy, fell 4.9% during the month and is now down 3.6% for the year. The firm’s Special Situations Fund fell the most, losing 8.35%, bringing its year-to-date performance to an ... Full investment news article