Mark Kleinman: Handbags (and more) at dawn for activist Ashley November 21, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly CityAM column. This week he tackles Mike Ashley’s newfound penchant for activist investing, Homebase’s turnaround and and Burberry’s flip-flopping Handbags (and more) at dawn for activist Ashley Paul Singer, Bill Ackman…and Mike Ashley? On the list [...]
Which stocks are Warren Buffett, Michael Burry and Bill Ackman buying? August 15, 2024 A raft of the biggest US investors, like Warren Buffett, the Big Short’s Michael Burry, and Bill Ackman have disclosed which stocks they’ve bought and sold over the last three months. The holdings were revealed in 13-F filings last night, which all US funds worth over $100m have to file with the Securities and Exchange [...]
How Bill Ackman’s $25bn Pershing Square IPO collapsed August 1, 2024 Bill Ackman’s plans for the largest ever trust IPO in US history, a $25bn float of closed-end fund Pershing Square US, are no more. The billionaire hedge fund manager admitted defeat late last night, withdrawing his proposal that he hoped would be a competitor to Warren Buffett’s Berkshire Hathaway. While Ackman said Pershing had received [...]
Bill Ackman: Billionaire investor backs Donald Trump after assassination attempt July 15, 2024 Billionaire investor Bill Ackman has formally thrown his support behind Donald Trump following the assassination attempt on the ex-president last week. The hedge fund manager endorsed Trump on X a few hours after the Republican party candidate was injured in a shooting during a rally, stating: “I assure you that I have made this decision [...]
Bill Ackman invests £48.8m in luxury watchmaker Bremont January 23, 2023 Bill Ackman has bought a minority stake in British luxury watchmaker Bremont after being a loyal customer for many years. The American billionaire hedge fund manager has invested £48.8m alongside Bremont’s current lead investor private equity fund Hellcat, Bremont announced today. With the new investment from Ackman, Bremont is now valued at around £100m. Ackman’s [...]