Third Point investments turn positive

Third Point Re's investment management arm Third Point LLC has
posted a return of 0.5 percent for December, taking the
year-to-date result to 4.3 percent.
The result is the first positive return generated by the fund
since September, after it reported a negative return of 1.1 percent
in October and November.
The December result compares with the S&P 500 return of 1.82
percent.
Keefe Bruyette & Woods analyst Meyer Shields said the
performance fell below its forecast for a return...