Three Of John Paulson's Funds Made A List No Hedge Fund Wants Make

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John Paulson

Reuters

Three of John Paulson's funds within his hedge fund, Paulson & Co. made HSBC's list of worst performing funds of 2014.

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Now that we're in November, you're going to start seeing a lot of these.

All three fund's - Paulson Recover, Paulson Adavantage, and Paulson Adavantage plus were within the top 10 worst performers. We got the list via @LadyFOHF on Twitter, you can check it out below.

Paulson runs a $19.1 billion fund overall, and the fund's on this list only make up $4.5 billion of that - so it could be worse.

However, the problem is that while Paulson's other funds may not have made the list of worst performers, they're also not doing that great this year either.

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Last month, Paulson's biggest stock holding, pharmaceutical firm Shire, crashed when it announced that it would not complete a merger with Abbvie, another pharma. The stock fell 22% in one day.

Betting on this deal was a huge part of Paulson's merger strategy, and his $9.2 billion merger fund fell 14% in October, Bloomberg reported.

Paulson's other strategies include credit and gold. There's about $5.1 billion in the credit fund, which lost 6.8% in October.

The rest of Paulson's money (about $1.1 billion) is in his gold fund. The commodity is down slightly having started the year at $1201 and currently sitting at $1196. It peaked on March 13th at $1392.

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Last year Paulson told investors that he may not add to his gold fund.

So there's that.

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