Paulson warns investors on volatility

By Suzy Kenly Waite

Tue Apr 26, 2011



The Paulson & Co. founder remains bullish, but says oil prices could derail the recovery in the short term.


John Paulson, whose Advantage fund fell into negative territory for the year after losing 3% in March, warned investors in that fund that they should not expect a smooth ride in the coming months.

Speaking at an event held in Las Vegas earlier this month for investors in his Advantage Fund, the legendary founder of the $36 billion Paulson & Co. told investors they can expect more volatility in the Advantage fund, and those who don't have an appetite for volatility...

TAKE A FREE TRIAL

The full contents of this article are available to Absolute Return subscribers and trialists only.

To continue reading please, take a free trial, subscribe or log in.


Subscribe

Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.

Subscribe now