Third Point Management, a New York-based investment advisor, released its first-quarter 2025 investor letter. Third Point Offshore Fund returned nearly -3.7% in the first quarter of 2025. The first Quarter started with investor optimism regarding the new administration's anticipated deregulation and improved business policies. However, by the end of the quarter, concerns about trade policy, which peaked by the unclear tariff schedule released on “Liberation Day” in early April, had shifted market sentiment to negative. In addition, please check the fund’s top five holdings to know...
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