Dan Loeb’s Third Point weighs ‘strategic options’ after pressure from activist investors Investing Hedge fund Third Point investment trust has identified “a number of credible strategic options” to boost its share price following a strategic review led by activist investors. In April, the trust appointed a duo of activist investors to its board to try and fix the persistent gap between its share price and value of its [...]
Third Point changes strategy on activist investors in bid to fix discount Hedge Fund Hedge fund Third Point has appointed a duo of activist investors to its board in a bid to close the trust's wide gap between its net asset value and share price, despite previously strongly opposing them.