The Canadian National Railway publicly cautioned its former chief executive, E. Hunter Harrison, on Friday against participating in the hedge fund manager William A.
Keep Reading →
January 16 - Hedge Funds, Macroeconomic Predictions
Eddie Lampert, founder and manager of ESL Investments, owns over 60% of Sears Holdings Corp (SHLD) between his personal portfolio and the ESL Investments portfolio.
Keep Reading →
January 13 - Hedge Funds
Bill Ackman is no stranger to proxy fights. The Pershing Square manager went to the mattresses against McDonalds (MCD) in 2007, Target in 2009 and JC Penney (JCP) in 2010.
Keep Reading →
January 10 - Hedge Funds
William Ackman’s plan to wage a proxy fight to install a new chief executive officer at Canadian Pacific Railway Ltd.
Keep Reading →
January 10 - Hedge Funds, Macroeconomic Predictions
The saga between activist hedge fund manager Bill Ackman and Canadian Pacific Railway (CP) continues this week after "Canadian Pacific Ltd.
Keep Reading →
January 9 - Hedge Funds
John Paulson, the billionaire money manager who’s vowed to restore his hedge fund to profitability after the worst year of his career, may have to take a cue from rival Ken ...
Keep Reading →
January 9 - Hedge Funds, Macroeconomic Predictions
"The three funds run by Bill Ackman's Pershing Square Capital Management L.P.
Keep Reading →
January 6 - Hedge Fund Analysis
Canadian Pacific Railway (CP) "was upgraded to neutral from underweight at JPMorgan on raised expectations that Hunter Harrison will become CEO," reports the Financial Post.
Keep Reading →
January 5 - Uncategorized
HSBC published the Hedge Weekly #53, revealing a list of hedge funds’ return in 2011.
Keep Reading →
January 5 - Hedge Funds
Elliott Management Corp., the hedge fund that backed filmmaker Relativity Media LLC, said the executive overseeing the entertainment investment is leaving as the company reduces...
Keep Reading →
January 4 - Hedge Funds
Bill Ackman struck back at Canadian Pacific Railway (CP) after the company bashed him over alleged leaks yesterday, writes the Wall Street Journal.
Keep Reading →
January 4 - Hedge Funds, The Smart Set
Bill Ackman's Pershing Square is one of the leading activist funds in the world, meaning that it invests in companies that are undervalued and works to boost shareholder value...
Keep Reading →
January 3 - Hedge Funds, The Smart Set
If hedge fund manager Eddie Lampert wants to save one of the oldest retail empires in the United States, he should consider shutting down Sears Holdings Corp's Kmart discount ...
Keep Reading →
January 3 - Hedge Funds, Macroeconomic Predictions
Hedge fund manager Bill Ackman built up a 12.2% activist stake in Canadian Pacific Railway (CP), known affectionately as "CP Rail," back in October.
Keep Reading →
December 30 - Hedge Funds
Bill Ackman - Pershing Square reported on December 13th for a 14.2% activist stake in Canadian Pacific Railway Ltd (CP).
Keep Reading →
December 14 - Hedge Funds
Hedge fund performance in November 2011 was more disappointing than any time since the bankruptcy of Lehman Brothers.
Keep Reading →
December 13 - Hedge Fund Analysis, Hedge Funds
Bill Ackman talked his investment philosophy during his lecture in Floating University (HT: Valuewalk). Ackman listed his four keys to successful investments: 1.
Keep Reading →
December 12 - The Smart Set
Bill Ackman’s Pershing Square recently reported its 8.5% activist stake in Alexander & Baldwin, Inc. (ALEX).
Keep Reading →
December 9 - Hedge Funds
Bill Ackman’s Pershing Square filed amended 13D on December 1st and restated its 12.4% activist stake in Canadian Pacific Railway Ltd (CP).
Keep Reading →
December 2 - Hedge Funds
Two superstar hedge fund managers have been in a tiff since 2004, reports the New York Times. The pair in question is Carl Icahn and Pershing Square's Bill Ackman.
Keep Reading →
November 30 - Hedge Funds
William Ackman’s Pershing Square Capital Management has upped his stake in Canadian Pacific Railway, Canada’s second-largest railroad. The activist investor has bought another...
Keep Reading →
November 28 - Hedge Funds
Pershing Square's third quarter investor letter is out. Bill Ackman talks about his new investment in Canadian Pacific Railway but we already covered his latest 13D filing.
Keep Reading →
November 23 - Hedge Funds
Bill Ackman’s Pershing Square today (November 22th) files for its 12.4% activist stake in Canadian Pacific Railway Ltd (CP).
Keep Reading →
November 22 - Hedge Funds
By the looks of it, Ackman may be at it again. At end the third quarter, Ackman had roughly $6 billion in his Pershing Square portfolio.
Keep Reading →
November 20 - Hedge Funds, Insider Trading
In a recession, three things are certain – gold prices go up, discount stores prosper and people drink.
Keep Reading →
November 15 - News
Donating to charity is a tax deduction for most people, but the good these organizations do cannot be discounted.
Keep Reading →
November 10 - Hedge Funds
"Fred Green is a marked man," reports the Financial Times.
Keep Reading →
November 7 - News
West Virginia's main public pension manager has increased the number of managers in the West Virginia Investment Management Board of Retirement's portfolio to 25 reports FINAlternatives...
Keep Reading →
November 2 - Hedge Funds
Bill Ackman's Pershing Square recently bought a 12.2% stake in Canadian Pacific Railway.
Keep Reading →
November 2 - Hedge Funds
Citigroup (C) fell more than 8.55% in early trading on Tuesday "on worries that a planned Greek referendum could scuttle a plan reached last week to resolve Europe's debt crisis...
Keep Reading →
November 1 - Hedge Funds
Stephen Jen, one of the world’s best-known foreign exchange strategists, is to launch his own hedge fund on Tuesday. Mr Jen’s SLJ Macro Partners, based in London, will begin...
Keep Reading →
October 31 - Hedge Funds
Bill Ackman’s Pershing Square revealed on October 28th that the firm now holds about 20.66 million shares in Canadian Pacific Railway Ltd (CP), giving a 12.2% activist stake...
Keep Reading →
October 31 - Hedge Funds
Pershing Square, the activist hedge fund founded and managed by Bill Ackman "has built up a 12.2 per cent stake in Canadian Pacific Railway, one of Canada's most storied companies...
Keep Reading →
October 31 - Hedge Funds, Uncategorized
Fifty-four years after Sputnik, the American public finally gets the message: Math is way cool.
Keep Reading →
October 31 - News
Jana Partners is an activist hedge fund. This means that it take positions in its investments that are large enough to afford the firm a voice in the company's operations.
Keep Reading →
October 24 - Hedge Funds, Uncategorized
SLJ Hedge Fund's Stephen Jen knows the currency markets.
Keep Reading →
October 24 - Hedge Funds
At the Value Investing Congress Tuesday, Pershing Square's Bill Ackman discussed his fund's most bullish bets.
Keep Reading →
October 19 - Hedge Funds
Odey Asset Management has launched the Odyssey fund for Tim Bond, although the manager has conceded ‘it is the worst point for starting a macro hedge fund in the last few years...
Keep Reading →
October 19 - Hedge Funds
Barton Biggs, the hedge fund manager who bought stocks when the market bottomed in March 2009, boosted bullish bets on equities in his Traxis Global Equity Macro Fund on improving...
Keep Reading →
October 18 - Hedge Funds
Hedge funds fell 3.2% in September according to Bloomberg, making September 2011 the worst month for hedge funds in over a year.
Keep Reading →
October 13 - Hedge Funds
Millennium Management has just received $300m of new assets this month, making the total assets under management (AuM) acquired so far this year $4.3bn – and increasing the...
Keep Reading →
October 6 - Hedge Funds
Bill Ackman, founder of Pershing Square Capital Management, announced yesterday evening that he is planning to sell shares in his prominent hedge fund in order to generate capital...
Keep Reading →
October 5 - Hedge Funds
Bill Ackman was on Bloomberg Television and explained why he hates HPQ.
Keep Reading →
October 5 - News
“Guillaume Rambourg, the star trader whose run-in with UK market regulators led to the fall of asset management group Gartmore as an independent company, is poised to launch...
Keep Reading →
October 5 - Hedge Funds
Bill Ackman has no edge whatsoever in currency trading, yet he made a big call on long Hong Kong Dollar today. I hope he's using options on the currency.
Keep Reading →
September 14 - Hedge Funds, We Disagree
John Paulson, Bruce Berkowitz, and Bill Ackman are among the worst stock pickers in August.
Keep Reading →
September 1 - Hedge Funds
Hedge fund performance in August 2011 was disappointing, according to Financial Times. "Hedge fund industry has failed to live up to its name" a recent article said.
Keep Reading →
August 30 - Hedge Funds
Bill Ackman was like a kid in a candy store the past few days. He bought 860K shares of Fortune Brands (FO) on Friday at $54.47.
Keep Reading →
August 10 - Hedge Funds
It is not a good day for financial stocks.
Keep Reading →
August 8 - Hedge Funds
Hedge funds aren't performing very well this year because of their hedges.
Keep Reading →
July 6 - Hedge Funds
