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John Paulson Is Struggling to Hold On to Client Money

  • Filings show client capital at $2 billion out of $10 billion
  • At 2011 peak, half of Paulson’s $38 billion was outside money
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Hedge Fund Mogul John Paulson Struggles to Keep Clients

The walls keep closing in on John Paulson.

A decade after Paulson shot to fame betting on the collapse of the U.S. housing market, the hedge-fund mogul is struggling to persuade investors to stick with him after a string of missteps on everything from gold to European bonds to drug stocks.