Tuesday, 1 September 2015
Last updated 8 hours ago
Feb 3 2011 | 2:18pm ET
Third Point, whose hedge funds soared between 32.8% and 41.7% last year, stayed hot in January. The New York-based firm's funds all posted returns in excess of the broader markets on the month.
Dan Loeb's Third Point Ultra fund did best, rising 5.4%, better than twice the return of the Standard & Poor's 500 Index for the first month of the year, which was 2.26%. Third Point Partners rose 4.2% on the month, Third Point Offshore 3.9% and Third Point Partners Qualified 3.7%.
Third Point's returns were obtained by Dealbreaker.com.
Investors with Greenlight Capital, which also enjoyed a frothy 2010, got somewhat less good news. The firm's Offshore fund lost 0.6% in January, Dealbreaker reports.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…