Ackman in the running for FTSE 100 promotion, again - Part 2

Bill Ackman's Pershing Square Holding's misses out on promotion to the blue chip index for the second time in three months thanks to some weird re-calculating by FTSE Russell.

Below is the statement from FTSE Russell, which appears some to be some tacit confirmation of a screw up by the index compiler.

Pershing Square Holdings (UK)

September Review - FTSE UK Index Series

02 September 2020..

Register

Register for free to see rest of this article and all public articles from Betaville

Login / Register
Date: Wednesday, 2 September 2020, 7:10 pm

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

Comments

  • william.butler-blueyonder.co.uk4 years ago

    He wants to get in quickly and is going to convert all the management shares into public shares for the December rebalance!

Login to join the conversation