Tag Archives: real-estate-investment-trust

Ackman’s Hedge Fund for Target Stake Fell 68% in 2008

Bloomberg – William Ackman’s hedge fund that invests in Target Corp. fell 68 percent last year, more than double the loss by the second-largest U.S. discount chain. Pershing Square IV declined 7.7 percent in December alone, according to a letter […]

Fund giants track property swaps

Reuters- Some of the world’s biggest property fund firms could eventually be tempted to trade property derivatives in a material way as long as the young market continues growing. However, listed property firms such as real estate investment trust (REITs) […]