Sunday, 28 December 2014
Last updated 2 hours ago
Jan 31 2013 | 11:43am ET
William Ackman isn't the only activist hedge fund manager with a potentially derogatory Web site hanging over his head.
Just days after it emerged that Herbalife, the nutritional supplements company that Ackman has accused of being a pyramid scheme, had registered more than 10 domain names including Ackman's name, among them therealbillackman.com, two managers on the other side of the Herbalife fight have gotten the same treatment.
It is unclear who registered therealcarlicahn.com or therealdanielloeb.com, although Ackman's Pershing Square denies having done so, Bloomberg News reports. Both Carl Icahn and Third Point's Dan Loeb are believed to be long Herbalife shares, and Icahn and Ackman renewed their long-standing acrimony during an televised interview last week.
None of the domains including the names of Ackman, Icahn or Loeb are currently active.
Ackman, whose campaign against Herbalife includes a Web site of its own, factsaboutherbalife.com, criticized the company for buying the domains referring to him
"What legitimate company would do something like that?" he asked Bloomberg News. "The spotlight is on Herbalife and they are doing everything they can do to turn it away."
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.