John Paulson's Advantage funds have lost 10-11% in August, according to CNBC. Paulson's flagship hedge fund might see some serious redemptions now, as this means the fund is down 32-33% this year.
CNBC saw data early this morning that says John Paulson's Advantage and Advantage Plus funds are down between 10 and 11% since the start of August, according to a person briefed on the performance data.
Ouch! This is on top of the Advantage fund's 22% loss as of the end of July, when the fund was down 4.63% for the month.
Read more at http://www.businessinsider.com/john-paulsons-down-10-11-in-just-8-days-2011-8
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