Ackman Gains in April Pandemic Bounce
Pershing Square outdid the market’s best month since 1987.
Bill Ackman is continuing to be the pandemic hedge fund manager of the moment.
Last month Pershing Square Holdings, his publicly traded hedge fund, jumped 13.6 percent in the market rally, bringing his year to date gain to 17.3 percent.
In April Pershing Square outdid the broader market, which gained 12 percent, its best month since 1987.