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NEW YORK (Reuters) -Billionaire investor William Ackman's hedge fund Pershing Square Capital Management returned 26.7% last year, beating the broader ...
For Ackman's investors, last year's increase returns the hedge fund to form with double digit gains after an interruption in 2022 when fears about interest hikes, runaway inflation and geopolitical flashpoints sent stocks tumbling.
NEW YORK (Reuters) -Billionaire investor William Ackman's hedge fund Pershing Square Capital Management returned 26.7% last year, beating the broader stock market gains and bouncing back from a loss in the previous year, according to an investor update on Tuesday. For Ackman's investors, last year's increase returns the hedge fund to form with double digit gains after an interruption in 2022 when fears about interest hikes, runaway inflation and geopolitical flashpoints sent stocks tumbling. The firm did not say what fueled last year's rise though long-time portfolio com...
As donors ratcheted up a pressure campaign to oust Gay, about 700 members of Harvard’s faculty came to her defense in several open letters.
Although U.S. stocks closed higher on Wednesday, there were a few notable insider trades.