{"id":38942,"date":"2013-11-05T14:43:57","date_gmt":"2013-11-05T19:43:57","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=38942"},"modified":"2013-11-05T14:43:57","modified_gmt":"2013-11-05T19:43:57","slug":"loebs-third-point-hedge-fund-up-19-4-percent-through-october","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2013\/loebs-third-point-hedge-fund-up-19-4-percent-through-october.html","title":{"rendered":"Loeb&#8217;s Third Point hedge fund up 19.4 percent through October"},"content":{"rendered":"<p>BOSTON (Reuters) &#8211; Hedge fund manager Daniel Loeb told investors that his Third Point Offshore Fund had returned 19.4 percent this year, ranking it among the industry&#8217;s best performers.<\/p>\n<p>In October, Loeb&#8217;s fund gained 1.2 percent while the Standard &amp; Poor&#8217;s 500 Index climbed 4.6 percent, according to information sent to clients and seen by Reuters.<\/p>\n<p>With bets on Sotheby&#8217;s and Japan&#8217;s economic recovery, among others, Loeb has made investments around the world through a variety of strategies, including an activist bent where he is pushing for change at the auction house.<\/p>\n<p>Like other managers, Loeb did not say which positions drove performance last month, saving those kinds of comments for his quarterly letters.<\/p>\n<p><a href=\"http:\/\/www.globalpost.com\/dispatch\/news\/thomson-reuters\/131105\/loebs-third-point-hedge-fund-194-percent-through-october\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BOSTON (Reuters) &#8211; Hedge fund manager Daniel Loeb told investors that his Third Point Offshore Fund had returned 19.4 percent this year, ranking it among the industry&#8217;s best performers. In October, Loeb&#8217;s fund gained 1.2 percent while the Standard &amp; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-38942","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=38942"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38942\/revisions"}],"predecessor-version":[{"id":38944,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/38942\/revisions\/38944"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=38942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=38942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=38942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}