Ackman sells 20M shares of Mondelez….no plans to cut Valeant as fund drops 26% YTD

Bill Ackman’s letter to investors yesterday disclosed that he has no plans to sell Valeant International shares. Instead, he sold [Read More]
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Valeant’s plunge generates large paper losses for Ackman, Paulson, Ubben

On Tuesday, Valeant Pharmaceuticals (VRX) plunged 47.4% on disappointing earnings, lower forecast for 2016, continued delay of the release of [Read More]
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Morningstar: Commodities and managed futures again lead liquid alt inflows

Morningstar’s just-released February asset flow report shows that active alternatives had net inflows of $3.7 billion on top of January’s [Read More]
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Korean National Pension Service’s fund of funds selection expected in June

Korea’s National Pension Service, the third largest pension in the world with $426 billion in assets, is preparing for its [Read More]
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Koch Brothers building 1888 Management – a family office

Charles and David Koch are building 1888 Management, a family office, reports Bloomberg. 1888 stands for the year that their [Read More]
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