Bill Ackman

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Jeff and MacKenzie Bezos. Ms Bezos has promised to give away more than half her $36.6 billion fortune. Photograph: EPA

MacKenzie Bezos, who recently became the world’s fourth richest woman following her divorce from Jeff Bezos, founder and chief executive of Amazon, ha(...)

Hedge fund manager Bill Ackman lost hundreds of millions of dollars betting against nutritional supplement company Herbalife. Photographer: Scott Eells/Bloomberg

Legendary investor Bill Gross was the most successful bond manager of his generation but his career ended miserably earlier this year after he made ri(...)

Is it wrong to say a fund manager has lost his touch just because he has lagged over a particular period? Or might it be the case that their original success was little more than luck, and they have now been found out?

Neil Woodford and Crispin Odey, two of the UK’s most successful money managers over the last three decades, are under serious pressure after enduring (...)

Bill Ackman, founder and chief executive  of Pershing Square Capital Management. Photographer: Scott Eells/Bloomberg

Activist investor Bill Ackman’s Pershing Square Holdings and Valeant Pharmaceuticals International agreed to pay $290 million (€240 million) between t(...)

Cadbury owner Mondelez reported second-quarter revenue that scraped past estimates and raised its dividend. Photograph: Thomas White / Reuters

Cadbury’s owner Mondelez International has appointed Dirk Van de Put, the chief executive of Canadian frozen foods maker McCain Foods, to take over th(...)

Jim Chanos, founder and president of Kynikos Associates, speaks at the Skybridge Alternatives conference in Las Vegas, where he said he was shorting Irish drug company Mallinckrodt. Photographer: David Paul Morris/Bloomberg

Investment manager Jim Chanos is shorting Irish drugmaker Mallinckrodt and US pharmacy-benefit manager Express Scripts Holding as scrutiny increases o(...)

Jeff Bezos, founder and chief executive of Amazon.com: Amazon’s soaring stock price means he has surpassed Warren Buffett as the world’s second-richest man. Photograph:  Alex Wong/Getty Images)

It’s one milestone after another for Amazon shareholders these days. Its soaring stock price means chief executive Jeff Bezos last week surpassed War(...)

Ackman’s mistake is the same one Sean Quinn made with Anglo-Irish Bank shares – his position was just too big. Photograph: Alan Betson

Hedge fund manager Bill Ackman last week finally gave up on controversial pharmaceutical firm Valeant, selling his stake and booking a loss thought to(...)

Active fund management is in retreat, with investors increasingly flocking to low-cost passive investing strategies, but is there a danger of overshoo(...)

Warren Buffett (speaking for the Hillary Clinton campaign): like other legendary fund managers, he has had his bad years along with the good. Photograph: Ruth Fremson/The New York Times

Many investors are sceptical of the oft-repeated advice that it is extremely difficult to beat the stock market, arguing that legendary money managers(...)

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