Daily Trade News

Dan Loeb’s Third Point tops the market in 2020 after big December


Dan Loeb, founder and chief executive officer of Third Point.

Amanda Gordon | Bloomberg | Getty Images

(This story is for CNBC Pro subscribers only).

Hedge fund manager Dan Loeb rode a strong December to beat the broader market in 2020, according to data obtained by CNBC’s Leslie Picker.

The veteran investor’s fund took a big hit during the first quarter as the market fell sharply, but it recovered to finish with a gain that was in-line with historical results.



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