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      For more than 55 years, Institutional Investor has delivered the news and analysis that investment professionals need to succeed and stay relevant. Our coverage of the global asset management industry helps you to stay ahead of the curve on the trends and stories that impact your world.

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      Podcast: BlackRock’s Rick Rieder Asks ‘What Is Money’

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      Private Markets, Public Access

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      Will 2025 Be the Year of Diversification in Equities?

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      A Closer Look at Talent Agency CAA's New Family Office Service

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      Paying it Forward: A Fidelity CIO’s Journey to Purposeful Philanthropy

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      What Happens When Public Capital Steps Back? The New Risk Equation in Women’s Health Investing

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      Bryn Mawr’s CIO on Liquidity and Navigating Market Turbulence

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      Rich Nuzum Joins Franklin Templeton to Lead Its OCIO

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      Brian O’Neil (Briefly) Pauses His Retirement to Oversee Wallace’s $1.7B Portfolio

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      Podcast: BlackRock’s Rick Rieder Asks ‘What Is Money’

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      Seattle Children’s CIO Puts Conviction Over Diversification

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      Repricing Risk: Why Investors Are Looking Beyond the U.S. for Alpha

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      CFOs and COOs Show Less Favor in Emerging Markets
      Out with the Old, in with the New

      Out with the Old, in with the New
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      Expert Perspectives: C-Suite Insights from II’s Exclusive Forums
      Allocators and Asset Managers Tell Us What Concerns Them Most

      Allocators and Asset Managers Tell Us What Concerns Them Most
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      Judy Chambers, Managing Director, Meketa Investment Group
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      Leena Bhutta, Chief Investment Officer, Doris Duke Foundation
      Kasia Karapuda, Director of Investments, Oberlin College Investment Office

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      Kristin Agatone, Chief Investment Officer, Lehigh University

      Kristin Agatone, Chief Investment Officer, Lehigh University
      Michael W. Frerichs, Illinois State Treasurer, Illinois State Treasury

      Michael W. Frerichs, Illinois State Treasurer, Illinois State Treasury
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      Expert Perspectives: C-Suite Insights from II’s Exclusive Forums

      Expert Perspectives: C-Suite Insights from II’s Exclusive Forums
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      Why Small-Caps Could Outperform in the Next Economic Cycle

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      Paying it Forward: A Fidelity CIO’s Journey to Purposeful Philanthropy

      Paying it Forward: A Fidelity CIO’s Journey to Purposeful Philanthropy
      While Inflation Grabs Headlines, Employment Numbers Drive Market Moves

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      Robeco Fundamental Equities: High-conviction Strategies to Target Alpha

      Robeco Fundamental Equities: High-conviction Strategies to Target Alpha
      What History Reveals About U.S. Debt Downgrades

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      Fireside Chat- The New Credit Playbook: Convergence, Liquidity, and Innovation in Institutional Portfolios

      Fireside Chat- The New Credit Playbook: Convergence, Liquidity, and Innovation in Institutional Portfolios
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      U.S. Dollar at a Crossroads: Bearish Signals Persist, but Rebound Risks Rise
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      Trump 2.0 and the Markets

      Trump 2.0 and the Markets
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  • About Us
taub.png
Stephen Taub
Premium
Third Point Pares Back Market Exposure
Dan Loeb’s multistrategy hedge fund cut the size of the short book in August.
Stephen Taub September 13, 2023
art-thirdpoint-0911.jpg

Illustration by II

Dan Loeb cut back on the size of his equity book in August.The head of multistrategy hedge fund firm Third Point reduced the gross exposure to stocks from 122 percent to around 107 percent, according to the firm’s August monthly report.Most of the change was

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