- Member Benefits
- Manage your personalised Watchlist.
- Set up an online Virtual Portfolio.
- Participate in Share Chat.
- See more trades and director dealings.
- Play the Fantasy Share Trading Game.
Share:
HomeShare PricesStock PickerFinancial DiaryUK IndicesUK Industry SectorsCompany LookupShare RisersShare FallersBroker RatingsFinance GlossarySMS ServicesShare ChatFinance NewsBlogsLive PricesShares BookshopFinance ToolsMembers
Latest Share Chat
Third Poi. E Regulatory News (TPOE)
Regulatory News for Third Poi. E (TPOE)
| Share Price: 13.80 | Bid: 13.60 | Ask: 14.00 | Change: 0.00 (0.00%) |  | ||||||
| ||||||||||
Third Point April 2012 Performance
Wed, 2nd May 2012 09:08
RNS Number : 5559C
Third Point Offshore Investors Ltd
02 May 2012
?
Third Point Offshore Investors Limited (the" Company")
(a closed-ended investment company incorporated with limited liability under the laws of Guernsey with registered number 47181)
Third Point April 2012 Performance
5/2/2012
Monthly Performance
|
|
April |
YTD |
AUM(m) |
|
Third Point Offshore Fund, Ltd. |
-0.1% |
6.4% |
$4,700 |
|
S&P 500 |
-0.6% |
11.9% |
|
Performance Statistics1
|
|
Third Point Offshore Fund Ltd. |
S&P 500 |
|
Annualized Return |
17.4% |
5.9% |
|
Cumulative Performance |
1,084% |
143% |
|
Annual Standard Deviation |
13.4% |
16.5% |
|
Annual Downside Deviation |
7.8% |
11.4% |
|
Correlation to S&P 500 |
0.42 |
1.00 |
|
Sharpe Ratio |
1.26 |
0.43 |
Exposure and Performance
|
Equity |
Exposure |
P&L |
||||
|
|
Long |
Short |
Net |
Long |
Short |
Net |
|
Basic Materials |
2.6% |
-0.9% |
1.7% |
-0.2% |
0.0% |
-0.2% |
|
Communications |
2.2% |
-1.1% |
1.1% |
-0.1% |
0.0% |
-0.1% |
|
Consumer |
12.0% |
-4.8% |
7.2% |
0.1% |
-0.1% |
0.0% |
|
Energy |
4.2% |
-0.7% |
3.5% |
-0.1% |
0.1% |
0.0% |
|
Financials |
4.6% |
-0.6% |
4.0% |
-0.2% |
0.0% |
-0.2% |
|
Healthcare |
1.8% |
-0.4% |
1.4% |
0.0% |
0.0% |
0.0% |
|
Industrials |
3.3% |
-0.9% |
2.4% |
-0.1% |
-0.1% |
-0.2% |
|
Technology |
20.8% |
-1.9% |
18.9% |
0.1% |
0.1% |
0.2% |
|
Utilities |
0.0% |
-0.2% |
-0.2% |
0.0% |
0.0% |
0.0% |
|
Total L/S Equity |
51.5% |
-11.5% |
40.0% |
-0.5% |
0.0% |
-0.5% |
|
Credit |
Long |
Short |
Net |
Long |
Short |
Net |
|
Distressed |
7.1% |
0.0% |
7.1% |
0.4% |
0.0% |
0.4% |
|
Performing |
13.7% |
-3.0% |
10.7% |
0.1% |
-0.1% |
0.0% |
|
ABS4 |
17.6% |
-3.0% |
14.6% |
0.0% |
0.0% |
0.0% |
|
Government |
2.5% |
-14.2% |
-11.7% |
0.2% |
-0.1% |
0.1% |
|
Total Credit |
40.9% |
-20.2% |
20.7% |
0.7% |
-0.2% |
0.5% |
|
Other |
Long |
Short |
Net |
Long |
Short |
Net |
|
Risk Arbitrage |
3.7% |
-1.0% |
2.7% |
-0.1% |
0.1% |
0.0% |
|
Privates |
2.1% |
0.0% |
2.1% |
0.0% |
0.0% |
0.0% |
|
Currency3 |
0.0% |
0.0% |
0.0% |
-0.1% |
0.1% |
0.0% |
|
Other |
15.7% |
-11.3% |
4.4% |
-0.1% |
0.0% |
-0.1% |
|
Total Other |
21.5% |
-12.3% |
9.2% |
-0.3% |
0.2% |
-0.1% |
Geographic Exposure - Long/Short Equity Only
Long Exposure
Americas: 98%
EMEA: 14%
Asia: 2%
Short Exposure
Americas: -29%
EMEA: -14%
Asia: -1%
Net Exposure
Americas: 69%
EMEA: 0%
Asia: 1%
Top Winners2
Yahoo! Inc.
Portuguese Sovereign Bonds.
Volkswagen AG
Lehman Brothers Holdings Inc.
Ally Financial
Top Losers2
Ivanhoe Mines Ltd.
Consumer Short A
Redecard SA
Technicolor (Mult. Sec.)
Metro AG
Top Positions 2
Yahoo! Inc.
Gold
Delphi Corp.
Apple Inc.
Eksportfinans ASA
Position Concentration
Top 10 Top 20
Long 38% 52%
Short 23% 28%
1 All performance since inception, December 1996.
2 Excludes currency, hedge and any confidential positions
3 Gains and losses that are attributable to f/x price movements on portfolio positions vs US dollar
4 Includes RMBS, CMBS, and related indices
Explanatory Note
All information provided herein is for informational purposes only and should not be deemed as a recommendation to buy or sell the securities mentioned. The Third Point Offshore Fund, Ltd. is a feeder fund in a master feeder structure in which it is limited partner of, and contributes substantially all of its assets to, Third Point Offshore Master Fund L.P. All information contained herein relates to the TP Offshore Master Fund L.P. unless otherwise specified. P&L and AUM information are presented at the feeder fund level.
All P&L and performance results are based on the net asset value of fee-paying investors only and are presented net of management fees, brokerage commissions, administrative expenses, and accrued performance allocation, if any, and include the reinvestment of all dividends, interest, and capital gains. While performance allocations are accrued monthly, they are deducted from investor balances only annually or upon withdrawal. The performance above represents fund-level returns, and is not an estimate of any specific investor's actual performance, which may be materially different from such performance depending on numerous factors. All performance results are estimates and should not be regarded as final until audited financial statements are issued.
While the performance of the Offshore Fund has been compared here with the performance of a well-known and widely recognized index, the index has not been selected to represent an appropriate benchmark for the Offshore Fund whose holdings, performance and volatility may differ significantly from the securities that comprise the index. Investors cannot invest directly in an index (although one can invest in an index fund designed to closely track such index).
Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. This transmission is confidential and may not be redistributed without the express written consent of Third Point LLC and does not constitute an offer to sell or the solicitation of an offer to purchase any security or investment product. Any such offer or solicitation may only be made by means of delivery of an approved confidential offering memorandum.
Website: www.thirdpointpublic.com
Enquiries:
Company Secretary - Northern Trust International Fund Administration Services (Guernsey) Limited
Tel: +44 (0) 1481 745368
Email: tl45@ntrs.com
This information is provided by RNS
The company news service from the London Stock Exchange
| Date | Source | Headline | Category |
|---|---|---|---|
| 17-May-13 11:05 | RNS | Director Declaration | Executive Changes |
| 17-May-13 10:49 | RNS | Interim Management Statement | Results and Trading Reports |
| 10-May-13 17:00 | RNS | Director Declaration | Executive Changes |
| 02-May-13 10:17 | RNS | Notice of AGM | Results and Trading Reports |
| 02-May-13 08:48 | RNS | Third Point April Performance | Company Announcement - General |
| 01-May-13 09:10 | RNS | Third Point April 2013 Performance | Company Announcement - General |
| 30-Apr-13 14:55 | RNS | Total Voting Rights | Holding(s) in Company |
| 26-Apr-13 17:34 | RNS | Holding(s) in Company | Holding(s) in Company |
| 25-Apr-13 09:17 | RNS | Conversion of Securities | Company Announcement - General |
| 25-Apr-13 08:00 | RNS | Annual Financial Report | Results and Trading Reports |
| 18-Apr-13 07:00 | RNS | Notice of Year End Results | Results and Trading Reports |
| 02-Apr-13 09:09 | RNS | Third Point March 2013 Performance | Company Announcement - General |
| 28-Mar-13 15:20 | RNS | Total Voting Rights | Holding(s) in Company |
| 22-Mar-13 15:08 | RNS | Conversion of Securities | Company Announcement - General |
| 21-Mar-13 12:02 | RNS | Block Listing | Company Announcement - General |
| 04-Mar-13 09:33 | RNS | Third Point February Performance | Company Announcement - General |
| 01-Mar-13 09:00 | RNS | February Performance | Company Announcement - General |
| 28-Feb-13 15:00 | RNS | Conversion of Securities | Company Announcement - General |
| 28-Feb-13 14:50 | RNS | Total Voting Rights | Holding(s) in Company |
| 04-Feb-13 09:23 | RNS | Third Point January Performance | Company Announcement - General |
| 01-Feb-13 09:24 | RNS | Third Point January Performance | Company Announcement - General |
| 04-Jan-13 16:36 | RNS | Director Declaration | Executive Changes |
| 03-Jan-13 09:31 | RNS | Third Point December Performance | Company Announcement - General |
| 02-Jan-13 08:36 | RNS | Third Point December Performance | Company Announcement - General |
| 13-Dec-12 15:30 | RNS | Results of Reverse Auction Tender Offer | Results and Trading Reports |
| 04-Dec-12 09:04 | RNS | Third Point November 2012 Performance | Company Announcement - General |
| 03-Dec-12 09:20 | RNS | Third Point November Performance | Company Announcement - General |
| 30-Nov-12 15:42 | RNS | Total Voting Rights | Holding(s) in Company |
| 28-Nov-12 16:10 | RNS | Conversion of Securities | Company Announcement - General |
| 19-Nov-12 17:16 | RNS | Interim Management Statement | Company Announcement - General |
Regulatory news is displayed end of day, each day at 19:00.
