(Opalesque) A report in the week ending December 6th 2019, said that with gains in November, Bill Ackman’s hedge fund Pershing Square Capital Management is on track to land massive returns. It posted a 3.4% gross gain for November, or 3.2% after fees. The month’s performance brought its year-to-date return to 51.3% after fees.
Ackman’s 51.3% net YTD return proves there’s hope for hedge funds:
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