John Paulson’s Biggest Portfolios Post Losses

Billionaire hedge fund manager John Paulson is off to a mixed start to the year as his biggest portfolios posted losses during the first three months, two people familiar with the performance told Reuters News Agency. The Advantage Fund, where the bulk of Paulson’s assets are invested, lost 1.24 percent during the first quarter, pulled down by a 3.10 percent loss in March.