Find out more at btsub.sg/btdeal
You are here
Hedge fund maths: heads we win, tails you lose
WHEN do 1.5 and 16 add up to 72?
That's the riddle confronting investors in Pershing Square Holdings Ltd, the closed-end fund run by the prominent activist investor Bill Ackman.
In a letter to investors this month, Mr Ackman disclosed that through the end of November, the fund had
- CALL +65 6388 3838
- EMAIL email@example.com