Tuesday, 21 October 2014
Last updated 18 min ago
Mar 2 2011 | 9:16am ET
Few, if any, hedge fund managers are as hot right now as Third Point's Daniel Loeb.
The New York-based firm continued its strong run in February, with its funds rising between 3.4% and 4.8% on the month. For the first two months of the year, the funds are already up between 7.2% and 10.4%.
That's on top of what Loeb himself called an "extraordinary" 2010, when the funds returned between 32.8% and 41.7%.
Third Point's returns, obtained by Dealbreaker.com, were led last month by its Ultra Fund, which returned 4.8% (10.4% year-to-date). Third Point Partners was up 3.7% (8.1% YTD), Third Point Offshore 3.6% (7.6% YTD) and Third Point Partners Qualified 3.4% (7.2% YTD).
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...