Wednesday, 20 August 2014
Last updated 1 min 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.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note