Monday, 20 October 2014
Last updated 2 days ago
Oct 31 2011 | 9:06am ET
William Ackman has turned his activist eyes to one of Canada's legendary companies.
Ackman's Pershing Square Capital Management has bought a huge cache of Canadian Pacific Railway shares. The New York-based hedge fund owns the equivalent of 12.2% of the freight company, which owns tracks running from Montréal to Vancouver, as well as several U.S. branches, in stock and options.
Pershing Square bought up its stake last month. It said in a regulatory filing that it may engage in talks with management.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...