Can Pershing Square’s Standout Year Continue?

Bill Ackman eked out a small gain in June to finish out a blowout quarter for the hedge fund.

Bill Ackman (Andrew Harrer/Bloomberg)

Bill Ackman

(Andrew Harrer/Bloomberg)

Midway through 2020, as the world economy teeters and Covid-19 cases surge, Bill Ackman is sitting pretty.

Ackman’s Pershing Square Holdings just reported its best quarterly performance since it went public in 2014. And even as June turned into a tepid month, the publicly traded fund turned up 1.1

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