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Most Activists Are Glad the Quarter Is Over
The best performers in the first quarter were small, lesser known funds.
Bill Ackman, Pershing Square Capital Management (photo credit: Christopher Goodney/Bloomberg) Activist hedge funds had a rough time in the first quarter. Most of them either lost money or were only able to squeeze out very small gains. In fact, the only activists who made attractive gains were small, lesser-known funds. This
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