Bill Ackman tells Impact Players host Robert Wolf that CEO Ron Johnson’s tenure at JCPenney is “something very close to a disaster.” The comments were made by the hedge fund manager at a conference in Boston today. Bill Ackman called JCP the biggest risk in my portfolio. Ackman says that if you can turn a retailer around it is one of the best businesses to be in.
Odey Asset Management's Special Situations Fund was down 3.2% in March, compared to its benchmark, the MSCI World USD Index, which was up 3.3%. Through the end of March, the fund is up 8.7%, beating the benchmark's return of 4.9%. Q1 2021 hedge fund letters, conferences and more Odey's Special Situations Fund deploys arbitrage and Read More