Chidem Kurdas
Gold’s glitter may have dimmed but (more…)
Chidem Kurdas
Gold’s glitter may have dimmed but (more…)
An attempt to placate investors by (more…)
Chidem Kurdas
John Paulson ended up with copper shares from his investment (more…)
Auto parts maker Delphi Automotive became a distressed trade for certain hedge funds when it went bankrupt several years ago. It emerged streamlined from bankruptcy and in November had an initial public offering. Some of the large (more…)
Chidem Kurdas
John Paulson’s funds are among the worst performers of 2011. Even a conservative version of his event-driven strategy lost more than 40% this year. (more…)
Paulson & Co.’s widely reported heavy loss in event arbitrage raises a question. Other funds with the similar strategy (more…)
Chidem Kurdas
A survey of institutions and hedge funds by Citi Prime Finance challenges the perception that investors prefer the largest funds—an impression that became received wisdom after the 2008 crisis. (more…)
Paulson & Co.’s $4.4 billion holding in SPDR Gold Trust may be the single largest investment in an exchange-traded fund. But many hedge funds as well as institutions hold a wide variety of ETFs either as a hedge or an inexpensive way of gaining from the rise of a chosen market. (more…)