Third Point Funds Up 14.7%, 21.8% Through May

Jun 4 2013 | 12:02pm ET

Third Point's banner 2013 continued in May.

The $13 billion hedge fund saw its Third Point Ultra fund add 5.3% on the month; it is now up 21.8% on the year, Reuters reports. The New York-based firm's flagship rose 3.7% in May to hit 14.7% on the year.

The flagship returned 21% last year.


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Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

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