Ackman’s Howard Hughes plans won’t affect Pershing Square’s investment strategy

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Ackman’s Howard Hughes plans won’t affect Pershing Square’s investment strategy

Bill Ackman, the founder of hedge fund Pershing Square, has clarified that his plans to transform Howard Hughes Holdings into a diversified holding company will not interfere with how his existing portfolios manage their stakes in other companies, according to a report by Reuters. The report cites Ackman as explaining on a conference call that Pershing Square Holdings will continue to focus on acquiring large stakes in major companies, while How…