Exclusive: Third Point founder Daniel Loeb takes over as Munib Islam leaves firm

BOSTON (Reuters) - Billionaire investor Daniel Loeb is taking back the reins as sole chief investment officer at his hedge fund Third Point LLC, less than one year after he appointed long-time colleague Munib Islam to be his co-chief investment officer, according to a letter the firm sent its investors.Loeb, who is about to celebrate his 25th anniversary at Third Point, told investors about his decision in a letter on Tuesday.Islam will be leaving the firm and will continue to advise it in a..