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)

You May Also Be Interested In

• German investor morale improves more than expected in August, ZEW finds
• Analysis-Trump agencies to set crypto policy as bill stalls, limiting industry's gains
• Microdramas boom in a shrinking Hollywood as studios chase a TikTok audience