Dan Loeb's Third Point Cuts Its Net Exposure

May 07, 2018   Stephen Taub

The multistrategy firm is boosting its short bets and risk arbitrage plays, among other changes to its portfolio.

Third Point founder Dan Loeb has made a number of significant changes to his portfolio. In response to a surge in volatility in the first quarter, the multistrategy manager best known for his high-profile activist campaigns cut his net exposure …

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