Sunday, 26 October 2014
Last updated 1 day ago
Nov 2 2012 | 1:55pm ET
Third Point continued its strong run in 2012 last month as it nears the $10 billion asset level for the first time.
The New York-based hedge fund said its $4.87 billion flagship hedge fund was up 2.4% last month and is up 13.8% on the year, ValueWalk reports. Third Point founder Daniel Loeb credited much of the success with his bet on Greek debt, which has risen to become one of its three largest positions and was its biggest winner on the month.
Third Point is also investing in Greek stocks, and found success last month with Yahoo! Inc., Murphy Oil Corp., American International Group and Dolphin Capital Investors.
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…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.