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European holiday

19 July 2007 By Simon Nixon

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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