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Stock impact report

Third Point's Dan Loeb to increase bets against the stock market [CNBC]

THIRD POINT REINSURANCE LTD (TPRE) 
Last third point reinsurance ltd earnings: 2/27 04:10 pm Check Earnings Report
Company Research Source: CNBC
Daniel Loeb of Third Point told investors that he is increasing his bets against the stock market. The hedge fund manager said an important shift has happened in the market as bond yields have provided risk-free alternatives to stocks. Though he didn't specify, he said the increase will come in fundamental single names. Published 22 Mins Ago CNBC.com Amanda Gordon | Bloomberg | Getty Images Dan Loeb, founder and chief executive officer of Third Point. Hedge fund magnate Daniel Loeb is increasing his bets against a suddenly volatile stock market. Following a quarter in which his two flagship funds posted losses, the head of Third Point said he is increasing short positions that proved to be profitable during an otherwise rough first quarter. An important shift in markets happened in the first quarter, Loeb said Thursday on an earnings conference call for Third Point Reinsurance, which posted a 26 Show less Read more
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