Third Point Re returns beat S&P 500 in April

Third Point Re's investment manager Third Point LLC posted a
1.6 percent return in April, beating the S&P 500 index's
monthly return and analyst expectations.
The S&P 500 climbed by 0.9 percent during the month, while
Keefe, Bruyette & Woods analyst Meyer Shield had forecasted a
1.05 percent return for Third Point LLC.
The investment result was higher than the 0.9 percent Third
Point posted last month, which was its lowest of the year so
far.
The latest monthly result...