third point

Forbes was out with its compilation of the 25 highest-earnings hedge fund managers and traders. In the same vein, Benzinga is presenting readers with interesting facts about the 25 successful hedge fund managers/traders. 1. James Simons Of Renaissance Technologies Corp. The flagship fund of...

Major activist hedge funds have formed a lobbying group called Council for Investor Rights and Corporate Accountability (CIRCA) to promote shareholder activism across the country. The announcement comes as presidential candidates Hillary Clinton and Bernie Sanders have been voicing against activist...

The all but fantastical performance hedge funds have experienced recently may be coming to an end, according to a Reuters report warning that "there are several signs" the $2.9 trillion industry may be on the decline. Hedge funds, which were demanding hefty fees, are now facing "a storm of...

2016 is proving to be a tough year for hedge funds – even by their own admission. As reported by Bloomberg, Doug Dillard, a hedge fund manager at Standard Pacific Capital, closed shop in February when his fund's assets under management dipped below $500 million; the fund failed to keep pace...

Investment adviser Dan Loeb issued a seemingly apocalyptic outlook for the market in a fourth-quarter investor letter February 12. Loeb offered a global survey of the market's woes, from collapsing indices and "value" stocks, volatility in European financial systems to the focus on inequality in...

Dan Loeb's Third Point hedge fund released a mostly bearish themed letter to investors. Loeb noted that Janet Yellen "checked herself and the Fed into the Hotel California." Loeb added that his fund is short more equities than it is long. Dan Loeb's Third Point...

Dan Loeb of Third Point released his second-quarter investor letter last week and discussed several key equity positions in his portfolio. Allergan: Clear Strategic Vision According to Loeb, Allergan PLC (NYSE: AGN)'s management team is "one with a clear strategic vision, a...

Dow Chemical Co (NYSE: DOW) shares gained 3 percent in early trading Friday on news the company has cut a deal with dissident shareholder Third Point LLC. Dow said it will add four new directors endorsed by Third Point, bringing the total size of the company's board to 13 members....

U.S. stocks rose to close the day with moderate gains despite a larger than expected increase in jobless claims. “The end of 2015 Q1 is still my preferred liftoff date,” St. Louis Fed President Jim Bullard told The Wall Street Journal. The end of the first quarter is ahead of the...

U.S. stocks rose as many questions remain unanswered following the crash of MH17 over the unstable region of Donetsk in Ukraine. U.S. intelligence sources speculated the plane was brought down by a ground-to-air missile but cannot confirm who was responsible. Investors appear to focus on...

Most experienced investors have some idea about the significant structural changes that have occurred in the U.S. equity market over the last six to seven years. Regulatory changes and new technology have opened the way for significant fragmentation in the trading of stocks. Today, there are...