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UPDATE: Morgan Stanley (MS) Said to Be Dropping Six Paulson Funds - CNBC

December 19, 2012 3:34 PM EST
(Updated - December 19, 2012 3:58 PM EST)

Morgan Stanley (NYSE: MS) said to be dropping six John Paulson funds, according to CNBC.

UPDATE - Kelly said the move was due to poor performance at the funds, which include the noted Advantage and Advantage Plus funds. The status on Morgan Stanley's holdings switch from watch to redeem.

Paulson has been a big investor in gold, which has seen little in the way of gains through 2012. For more on Paulson's holdings, click here.


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