• English   Deutsch   
  •  GMT      
  • LONDON      
  • FRANKFURT      
  • NEW YORK      
  • SAO PAULO      
  • TOKYO      
  • SYDNEY      
Hedge Fund Database
Morgan Hedge Fund Database
USERNAME

PASSWORD

FEATURED SERVICE PROVIDER

  Hedge Fund Search
Name, ISIN, Ticker:
  

Hedge Funds Search Detailed Search
  Hedge Fund Directories
Listed Hedge Funds:9,895
HF Professionals:16,361
Service Provider:506
Paulson loses 13 per cent in first two weeks of June
 
  Hedgeweb - THU, JUN 16 2011
Funds & Investment One of John Paulson's largest funds, the Advantage Plus fund, lost 13 per cent in the first two weeks of June. The billionaire hedge fund manager, who made his fortune on a short bet against subprime mortgages, ironically is being crushed after a short seller issued a critical report on a Chinese forest company he owns shares in.

The Advantage Plus fund, one of the $38 billion firm's largest, has tumbled nearly 20 per cent this year after losing 13 per cent in the first two weeks of June. Part of the decline is attributed to shares of Sino-Forest Corp (TRE.TO) which plunged 82.50 per cent this month, an investor in the fund who is not permitted to discuss performance publicly said.

 
 
© Morgan Hedge™ · HEDGEweb™
Morgan Hedge and HEDGEweb are Trademarks of morganhedge.com, TAA LLC and VIImedia S.A.