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Sachem Head, Soroban Beat the Market Blues

The two firms, which only sometimes engage in shareholder activism, have fared better this year than their more well-known activist peers.

It’s no secret that the largest, most high-profile hedge funds that are best known for their shareholder activism got badly roughed up in August. Three of them fell into negative territory for the year after posting big losses last month, including William Ackman’s Pershing Square Capital Management and Richard (Mick) McGuire

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