Loeb's hedge fund Third Point down 5.2 percent in August: source

BOSTON (Reuters) - Daniel Loeb's hedge fund Third Point fell 5.2 percent in August as world market's were roiled by fears about China's dramatic slowdown, a person familiar with the results said on Monday.

Third Point was still up 1.2 percent for the year despite the August decline, the source said.

(Reporting by Svea Herbst-Bayliss; Editing by Tom Brown)

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