Gain exposure to the highest quality businesses Pershing Square has owned
Thursday 16 May 2019 Author: James Crux
A 26.7% discount to net asset value (NAV) at Pershing Square ( PSH ) , is a buying opportunity. The discount is wide because some investors lost faith following a poor performance since a high-profile 2014 launch on Euronext Amsterdam and subsequent 2017 London listing. However, Shares likes the look of the quality underlying portfolio and believes a continuation of the more recent performance uptick offers a powerful catalyst...