Third Point Surges 3.4% In January

Feb 2 2010 | 7:01am ET

Activist hedge fund Third Point enjoyed a hot start to 2010. The New York-based firm posted returns ranging from 3.4% to 4.2% across its funds in January, according to a letter to investors obtained by Dealbreaker.com.

Third Point’s largest fund, Offshore, rose 3.6% on the month, almost the precise opposite of the Standard & Poor’s 500 Index, which dropped slightly less than 3.6%.

Third Point Partners rose 3.4% last month. Third Point Partners Qualified was up 3.7%, and Third Point Ultra added 4.2%.

Third Point’s funds rose between 33% and 44% last year.


In Depth

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

From Switzerland With Love: Some Hard Truths About Central Banks And Risk

Jan 23 2015 | 7:54am ET

In the wake of the Swiss National Bank uncoupling the country’s currency from...

 

Editor's Note