UK investors: you can buy into this US billionaire’s hedge fund with just £25!

first_img Cliff D’Arcy | Wednesday, 24th February, 2021 | More on: PSH UK investors: you can buy into this US billionaire’s hedge fund with just £25! Enter Your Email Address Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img Hedge funds are often regarded as the most interesting and exciting creatures in international finance. These mysterious entities are synonymous with extreme wealth and privilege. But what are they and what do they do? This book lifts the lid on this elite industry.A quick guide to hedge fundsAustralian investor Alfred Winslow Jones is credited with creating the world’s first hedge fund, in 1949. Jones used leverage (through derivatives or borrowed money) to magnify his gains (and losses). He also used short-selling — borrowing shares, selling them, and then buying them back at a lower price — to manage market risk.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Today, there may be more than 10,000 hedge funds worldwide, with total assets exceeding $3.5trn. This market has broadened to include a wide range of active management and risk strategies for alternative assets. With minimum subscriptions often exceeding $1m, hedge funds are seen as an asset class exclusively for the ultra-wealthy. And, thanks to high fees and generous compensation schemes, their managers are among the most highly paid (and high-living) people on earth.This hedge fund’s not just for the richMost hedge funds cater to UHNWIs (ultra-high-net-worth individuals), but a few are open to the public. According to Trustnet, there are 11 hedge funds listed as UK investment trusts. Of these, 10 have been listed for at least five years. The star performer is Pershing Square Holdings (LSE: PSH), whose share price has more than doubled (up 116.7%) since 2016. PSH is also #1 over three years (up a whopping 168.9%) and one year (up 66.8%).As a UK investor, I can buy into Pershing Square Holdings to share in its future success and performance. For example, I could drip-feed money monthly into this hedge fund. I can even buy its shares inside a tax-free Stocks and Shares ISA or personal pension. But why would I risk betting on a global hedge fund? Because it is managed by American billionaire Bill Ackman, one of the world’s most outspoken and successful investors.I can invest in PSH with just £25Personally, I’m a huge fan of Bill Ackman and his investment insight. A year ago, as Covid-19 spread panic worldwide, Ackman publicly warned in February 2020 that “Hell is coming” for investors. He invested $27m into highly geared bets against US company bonds. After credit ratings plunged, he sold this ‘crash insurance’ for a $2.6bn profit. That’s a 100-fold return in a single month. Ackman has built his reputation on such big, bold, ballsy bets.I call Ackman ‘Wild Bill’ because of his willingness, in his words, “to make a bold call that nobody believes in”. As I write, the PSH share price stands at £25.40, up more than two-thirds in a year. That’s 8.1% below PSH’s 52-week high of £27.65, hit exactly a week ago. This values this hedge fund’s UK trust at almost £3.2bn, which is a discount of 21.8% to its net asset value. If that discount narrows over time, this boosts shareholders’ returns.Obviously, investing in a listed hedge fund is highly risky. It’s absolutely not for widows and orphans. But Bill Ackman is a way better money manager than most (including me). Thus, I’m going to back this billionaire by buying into his UK-listed hedge fund via one of my personal pensions. Go, Wild Bill! Cliffdarcy has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Cliff D’Arcylast_img read more

Children’s Ark playground in University Hospital Limerick receives a donation

first_imgManagement at most overcrowded and most COVID-hit hospital apologise to patients ‘waiting over 100 hours’ for a bed Dr Siobhan Gallagher, Consultant Paediatrician, UL Hospitals Group, second from left, receives a donation from Helen Cunneen, Children’s Ark Development Group, for the refurbishment of the outdoor play area at the Children’s Ark, University Hospital Limerick. Also pictured are Margaret Gleeson, Chief Director of Nursing and Midwifery, UL Hospitals Group; Beryl Carswell and Avril Condell, Children’s Ark Development Group/Children in Hospital Ireland Limerick branch; and Dr Gerry Burke, Clinical Director, Maternal and Child Health Directorate, UL Hospitals Group.The Children’s Ark in University Hospital Limerick has received a donation courtesy of Helen Cunneen of Children’s Ark Development group for the refurbishment of the outdoor play area.The donation was accepted by Dr. Siobhan Gallaher Consultant Paediatrician for UL Hospitals Group. Also present were Margaret Gleeson, Chief Director of Nursing and Midwifery, UL Hospitals Group; Beryl Carswell and Avril Condell, Children’s Ark Development Group/Children in Hospital Ireland Limerick branch and Dr Gerry Burke, Clinical Director, Maternal and Child Health Directorate, UL Hospitals Group.The project includes a variety of play-based, activity equipment; specialised fitness equipment for patients with cystic fibrosis; multi-sensory play panels and a partially covered all weather play area. The courtyard’s design will provide a safe environment for all paediatric patients and a holistic space for parents and carers to relax in. It is anticipated that the project will be completed by summer 2018.Sign up for the weekly Limerick Post newsletter Sign Up More about health here. Print Facebook 53 patients waiting for beds at UHL University Hospital Limerick Christmas Gift appeal for children in Direct Provision WhatsApp Linkedin Email Numbers of Limerick hospital group staff sidelined by COVID-19 reduces by 162 in past 7 days center_img TAGSChildren’s ArkdonationHelen Cunnennuniversity hospital limerick RELATED ARTICLESMORE FROM AUTHOR NewsHealthChildren’s Ark playground in University Hospital Limerick receives a donationBy Staff Reporter – March 12, 2018 2267 Advertisement 64 patients waiting for beds in UHL Previous articleCompetition winnerNext articleTwo sets of friends from Limerick are finalists in friendship competition Staff Reporterhttp://www.limerickpost.ie Twitter Updated statement on service disruptions UL Hospitals Group last_img read more