Breakingviews | Third Point

Considered view

19 Jul 2007 14:58

European holiday

By Simon Nixon

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The US activist manager has fallen far short of his E500m target for Third Point’s new listed fund – despite a big helping hand from UBS. Blame market conditions. But Loeb better hope these don’t extend to the way the fund trades – or he may face some activism himself. Blame market conditions. But Loeb had better hope these don’t extend to the way the fund trades – or he may face some activism himself.

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