A systematic managed futures hedge fund has taken over the top spot in HSBC’s weekly ranking, while Pershing Square has fallen to third place in the report, as John Paulson's troubles continue.
In our last report covering the HSBC rankings, ValueWalk noted the rough October John Paulson was experiencing. We reported that the Advantage Plus was down 19.95 percent – on the month – while the Advantage fund was down 13.61 percent over the same period. Since that reporting Paulson has not updated his performance on the HSBC report, the new report shows. Bloomberg is reporting today that Paulson’s Recovery Fund is now down 27 percent year to date, down 3.1 percent in...

