John Paulson going retail

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What to make of this? John Paulson (John Paulson news) is joining the great UCITS trend in Europe in order to make his investments available to more individual investors. That's right, now the public can take advantage of Paulson's investing prowess.

Some may suggest it's a fool's play right now, given the state of Paulson's funds. His funds are suffering, all except his gold fund. Paulson's in good company, of course; a lot of other funds are similarly reeling.

According to the Financial Times, Paulson will launch his UCITS with Deutsche Bank (NYSE: DB), which offers a platform that aims to simply repackage hedge fund products. UCITS, an acronym for Undertakings for Collective Investment in Transferable Securities, have taken off in Europe. Hedge funds (hedge fund news) especially have been actively setting them up, to extend their product line to retail investors.

So far, U.S. funds have been slow to embrace the trend--York Capital and Highbridge Capital Management have launched UCITS products. But with Paulson jumping aboard, others may follow.

For more:
- here's the FT article

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