Posts tagged: Pershing Square Holdings

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

Wednesday, 2 September 2020, 7:10 pm

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..

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Ackman in the running for FTSE 100 promotion, again...

Tuesday, 1 September 2020, 6:14 pm

There seems to be an awful lot of excitement in the mainstream business press about which companies are going to be promoted to, and demoted from, the FTSE 100 index.

I suppose there are a dearth of corporate stories around given it's the back end of a summer that has also had to contend with a pandemic. So, the latest quarterly reshuffle will help fill some space (and pixels)...

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