{"id":68751,"date":"2019-04-07T00:47:40","date_gmt":"2019-04-07T04:47:40","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=68751"},"modified":"2019-04-09T00:28:48","modified_gmt":"2019-04-09T04:28:48","slug":"third-point-up-9-percent-in-first-quarter-fueled-largely-by-nestle-gains","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2019\/third-point-up-9-percent-in-first-quarter-fueled-largely-by-nestle-gains.html","title":{"rendered":"Third Point Up 9 Percent in First Quarter, Fueled Largely by Nestle Gains"},"content":{"rendered":"<p>\n(Reuters) Third Point LP returned 9 percent in the first quarter of 2019 fueled largely by gains at Nestle, which was publicly critiqued by the hedge fund in 2018 for its \u201cmuddled strategic approach,\u201d an investor said. The Swiss-based food giant, maker of KitKat bars and Perrier water, contributed 1.5 percent in gains to $14 billion Third Point\u2019s portfolio during the first three months of the year, the investor said. Nestle has gained 19.54 percent since January.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-hedgefunds-thirdpoint\/third-point-up-9-percent-in-first-quarter-fueled-largely-by-nestle-gains-idUSKCN1RG2IQ\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Third Point LP returned 9 percent in the first quarter of 2019 fueled largely by gains at Nestle, which was publicly critiqued by the hedge fund in 2018 for its \u201cmuddled strategic approach,\u201d an investor said. The Swiss-based food [&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-68751","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68751","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=68751"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68751\/revisions"}],"predecessor-version":[{"id":68752,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68751\/revisions\/68752"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=68751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=68751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=68751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}