Ackman says Pershing Square no longer has hedges on stocks
27 Mar Ackman says Pershing Square no longer has hedges on stocks
Posted at 22:35h
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by KMFSLLP
William Ackman’s Pershing Square
Capital Management no longer has hedges on its stock portfolio,
but still has some cash to invest if equities decline further as
the United States battles the coronavirus outbreak, the
billionaire investor said on Saturday.
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