Friday, 19 September 2014
Last updated 4 hours ago
Aug 3 2010 | 11:35am ET
Unlike most of his peers, Third Point’s Dan Loeb enjoyed a strong first half. And the New York-based hedge fund has started the second half with a similarly robust performance.
Third Point’s hedge funds rose between 2.9% and 4% last month, Dealbreaker.com reports. The flagship Third Point Partners fund added 3.3% on the month and is up 16.5% year-to-date.
Third Point Offshore returned 3.2% in July (13.7% year-to-date). Third Point Partners Qualified rose 2.9% (13.2% YTD), while Third Point Ultra jumped 4% (13.5% YTD).
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.