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Third Point to Eye Corporate Governance More Closely as it Makes New Bets

(Reuters) Hedge fund Third Point LLC, which sometimes pushes companies to perform better, said it is beginning to look more closely at corporate governance issues, including executive pay, as it evaluates future investments. “More carefully and systematically studying governance is giving us a new analytical lens and validating our conviction that good governance makes good companies, and vice versa,” the hedge fund wrote to investors in a quarterly letter seen by Reuters on Wednesday.

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