Should you have a spare $10 million to hand, you could always invest in Dan Loeb’s $18 billion Third Point fund — except that it is closed to new investors. As and when it reopens to new funds, that is the minimum investment accepted.
Alternatively, you could buy shares quoted in London in Third Point Offshore Investors and gain direct access to the master fund, which is run by Mr Loeb and his associates. This has been in the news after last week announcing that it had spent $3.5 billion on a stake in Nestlé and calling for bold action to address the “staid culture” at the Swiss food producer and the consequent “long-term underperformance” of the shares.
Many think this criticism is justified and