UPDATE: Paulson & Co. Hedge Funds Rallied in February (GLD)
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(Updated - March 6, 2014 1:13 PM EST)
John Paulson's Paulson & Co. hedge funds are said to have had a strong February showing.
BloomberG reported Thursday afternoon that Paulson's Advantage Plus fund rose 9.8 percent last month, his Partners Enhanced Fund gains 7.4 percent, and the Gold Fund shot 18 percent higher. Notably, Paulson's Gold Fund is now up 40 percent for 2014.
Traders are keeping track of the SPDR Gold Shares (NYSE: GLD) ETF on the news.
John Paulson's Paulson & Co. hedge funds are said to have had a strong February showing.
BloomberG reported Thursday afternoon that Paulson's Advantage Plus fund rose 9.8 percent last month, his Partners Enhanced Fund gains 7.4 percent, and the Gold Fund shot 18 percent higher. Notably, Paulson's Gold Fund is now up 40 percent for 2014.
Traders are keeping track of the SPDR Gold Shares (NYSE: GLD) ETF on the news.
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