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Loeb's Third Point Offshore Fund posted gains of 4.4% for the year, after a jump of 8.4% last month, according to a performance update sent to clients on 31 August and seen by Financial News.

Hedge Funds

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Daniel Loeb's Third Point hedge fund has swung to gains after the billionaire overhauled the portfolio.

Loeb's Third Point Offshore Fund posted gains of 4.4% for the year, after a jump of 8.4% last month, according to a performance update sent to clients on 31 August and seen by 

Billionaire investor Daniel Loeb reverses losses with bets on Amazon, Disney and Alibaba

Loeb's Third Point Offshore Fund posted gains of 4.4% for the year, after a jump of 8.4% last month, according to a performance update sent to clients on 31 August and seen by Financial News

Trista Kelley

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