Paulson & Co, the $34 billion hedge fund group run by John Paulson has 1/3 its assets in gold related assets

Posted by Stacy-Marie Ishmael on Jun 10 21:42. Comment.
Gold-denominated investments in Paulson & Co, the $34bn hedge fund group run by John Paulson, have more than doubled underlying returns in the group’s funds for clients, the FT reported. More than a third of Paulson’s total assets under management, including all of Paulson’s personal investments, are denominated in gold share classes, said people familiar with the funds.