Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Here are Third Point’s Updates on PG&E Corporation (PCG)

Third Point Management, a New York-based investment advisor, released its fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here. The Third Point Offshore Fund returned nearly 9.1% in the fourth quarter bringing the yearly returns to 24.2%. The performance was driven by positive results across all strategies – equities, corporate and structured credit, and privates. In addition, please check the fund’s top five holdings to know its best picks in 2024.

In its fourth quarter 2024 investor letter, Third Point Management emphasized stocks such as PG&E Corporation...