(Reuters) Well known U.S. activist investors including Nelson Peltz and William Ackman took a hit from the first-quarter U.S. stock market slump, with their funds losing money while some smaller players delivered gains. Peltz’s $11 billion Trian Fund Management lost roughly 4 percent during the first three months of the year while Ackman’s $8 billion Pershing Square Capital Management’s flagship hedge fund dropped 5.7 percent, investors said.
Big Activist Investors Have First-Quarter Losses While Small Counterparts Thrive
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