April Third Point News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Concise insights on global finance. ----------------------------------------------- IMITATION GAME. Activists are trying to turn the tables on corporate agitator Dan Loeb at his London investment vehicle. Asset Value Investors, which owns 10% of Loeb’s $858 million Third Point Offshore Investors (TPOGu.L), has criticised a lacklustre plan to raise the fund’s uninspiring valuation. They have a point: shares trade at a 14% markdown to net asset value, a discount which has broadly persisted over the past five years. By contrast, AVI claims the median NAV discount for comparable London-...