By Lawrence Delevingne NEW YORK (Reuters) - U.S. hedge fund manager Dan Loeb is betting President Donald Trump will be good for investments thanks to his planned mix of tax cuts, reduced regulation and infrastructure spending. "This environment is undoubtedly better for active investing – just as active investing was considered to be on its deathbed," Loeb wrote in a letter to clients of his $15 billion Third Point LLC Wednesday. A shift from government monetary stimulus to measures that will increase personal and corporate spending will create lower correlations between various types of securities and greater dispersion of results within them, such as stocks, Loeb said. Higher interest rates will also create investment opportunities, Loeb added.
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