Yesterday we posted Third Point’s returns for October and YTD, which came in at 1.2% and 19.4% respectively. October could be a rounding error but the difference between what we posted and the 19.4% both come directly from Third Point RE, we will reach out for comment, but either way the difference is not great. What is interesting is how Loeb gained (slightly) from his shorts, in contrast to many other value funds. Below is the October summary and positioning sheet.
Third Point Returns for October and YTD $TPOE pic.twitter.com/wY285feiCL
— ValueWalk.com (@valuewalk) November 1, 2013
[Exclusive] ExodusPoint Is In The Green YTD Led By Rates And EM/ Macro Strategies
The ExodusPoint Partners International Fund returned 0.36% for May, bringing its year-to-date return to 3.31% in a year that's been particularly challenging for most hedge funds, pushing many into the red. Macroeconomic factors continued to weigh on the market, resulting in significant intra-month volatility for May, although risk assets generally ended the month flat. Macro Read More
2013-10-October-Monthly-Report-TPOU
Also check out Third Point Q3 letter to investors.
2013-10-October-Monthly-Report-TPOU
2013-10-October-Monthly-Report-TPOU.pdf by ValueWalk.com
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