Bill Ackman reveals stake in Meta, says it has ‘deeply discounted valuation’

Bill Ackman reveals stake in Meta, says it has ‘deeply discounted valuation’

Bill Ackman, founder and CEO of Pershing Square Capital Management, attends the Milken Conference 2025 in Beverly Hills, California, U.S., May 6, 2025. Mike Blake | Reuters Bill Ackman’s Pershing Square revealed a stake in Meta on Wednesday. “We believe Meta’s current share price underappreciates the company’s long-term upside potentialfrom AI and represents a deeply…

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Governments eye citizens’ pension savings to ease debt strain

Governments eye citizens’ pension savings to ease debt strain

As fiscal pressures deepen from aging populations and pandemic-era debt, governments are increasingly tapping into a tempting source of capital: citizens’ retirement savings. Pension fund assets across the Organization for Economic Cooperation and Development have more than tripled since 2003, reaching $63.1 trillion in 2024, according to the Mercer CFA Institute Global Pension Index. That…

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