{"id":59174,"date":"2017-07-27T09:29:18","date_gmt":"2017-07-27T13:29:18","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=59174"},"modified":"2017-07-27T09:29:18","modified_gmt":"2017-07-27T13:29:18","slug":"billionaire-hedge-fund-manager-beating-the-market-is-giving-up-on-fading-trump-trade","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2017\/billionaire-hedge-fund-manager-beating-the-market-is-giving-up-on-fading-trump-trade.html","title":{"rendered":"Billionaire Hedge Fund Manager Beating the Market Is Giving Up On &#8216;Fading Trump Trade&#8217;"},"content":{"rendered":"<p>(CNBC) Third Point, the hedge fund managed by billionaire Dan Loeb, said it reduced investments in the &#8220;fading &#8216;Trump Trade'&#8221; during the second quarter, according to an investor letter obtained by CNBC.   The firm is instead repositioning the portfolio toward investments in companies that &#8220;benefit from low inflation,&#8221; the letter said.   Third Point reduced investments in bank financials and exited reflationary macro trades. The firm also has been lowering its exposure to credit strategies.<\/p>\n<p><a href=\"http:\/\/www.cnbc.com\/2017\/07\/26\/billionaire-hedge-fund-fading-trump-trade.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Third Point, the hedge fund managed by billionaire Dan Loeb, said it reduced investments in the &#8220;fading &#8216;Trump Trade&#8217;&#8221; during the second quarter, according to an investor letter obtained by CNBC. The firm is instead repositioning the portfolio toward [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-59174","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59174","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=59174"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59174\/revisions"}],"predecessor-version":[{"id":59175,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59174\/revisions\/59175"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=59174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=59174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=59174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}