Saturday, 10 October 2015
Last updated 8 hours ago
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.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…