(Bloomberg) -- Stanley Druckenmiller and Daniel Loeb
beat their hedge-fund peers last month as corporate takeovers led
the industry to some of its biggest market gains since 2003.
Druckenmiller's $7.3 billion Windmill Master Fund, part of
Pittsburgh-based Duquesne Capital Management LLC, climbed 6.8
percent in May, according to a note to clients. Loeb's Third
Point LLC rose 6 percent, helped by bets on MasterCard Inc. and
DaimlerChrysler AG, according to an investor update.
Read more at Bloomberg Exclusive News
beat their hedge-fund peers last month as corporate takeovers led
the industry to some of its biggest market gains since 2003.
Druckenmiller's $7.3 billion Windmill Master Fund, part of
Pittsburgh-based Duquesne Capital Management LLC, climbed 6.8
percent in May, according to a note to clients. Loeb's Third
Point LLC rose 6 percent, helped by bets on MasterCard Inc. and
DaimlerChrysler AG, according to an investor update.
Read more at Bloomberg Exclusive News
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