Third Point LLC, the hedge fund managed by Dan Loeb, recorded a net loss of 8.9% for the third quarter, according to the fund’s third quarter letter to investors reviewed by ValueWalk. For the nine months to the end of September 2015, the fund was down 4.5%, compared to a loss of 5.3% for the S&P 500 over the same period. Since inception, Third Point has produced an annualized return of 16.2%. However, according to an update to investors the fund was up 4.6% in October and is now up 0.1% YTD. Third Point doesn’t reveal which of its positions produced the…
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