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.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...