In this excerpt from a session at the “Delivering Alpha” conference presented by CNBC and Institutional Investor, well-known investor Bill Ackman talks about his recently announced stake in Procter & Gamble and whether he may try to influence the company’s management.
Value Partners Asia ex-Japan Equity Fund has delivered a 60.7% return since its inception three years ago. In comparison, the MSCI All Counties Asia (ex-Japan) index has returned just 34% over the same period. The fund, which targets what it calls the best-in-class companies in "growth-like" areas of the market, such as information technology and Read More
CNBC’s David Faber discusses Procter & Gamble, and real estate, with William Ackman, Pershing Square Capital founder/CEO; Barry Sternlicht, Starwood Capital Group chairman/CEO; and Jonathan Gray, BlackStone Group. The Fast Money traders share their opinions.