• Ackman places new bet against corporate credit

    Ackman places new bet against corporate credit0

    Hedge fund manager Bill Ackman has put on another bet that companies will struggle to pay their debts, just eight months after he cashed in a $2.6bn profit from a similar trade at the start of the pandemic. The founder of Pershing Square told attendees at the Financial Times’ Dealmakers conference on Tuesday that markets

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