Billionaire hedge fund manager Dan Loeb’s Third Point is crushing the competition
|10/22/2017||Posted by BusinessMediaguide.Com under General World News||
- Dan Loeb’s Offshore and Ultra funds hold respective gains of 14.5% and 23% this year.
- The average hedge fund was up 5.92% through September 2017.
Third Point LLC, the hedge fund founded by billionaire investor Daniel Loeb, continues to post impressive returns when compared to its peers.
In a letter to clients Friday, following the end of the third quarter, the fund reported year-to-date returns of 14.5% for its Offshore Fund and 23.0% for its Ultra fund.
The average fund was up 5.92% through September 2017, according to Hedge Fund Research.
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