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Ackman Avoids January Hedge Fund Carnage

But Pershing Square Holdings still finished the month with a loss.

Bill Ackman largely avoided the sturm und drang surrounding hedge funds last month, although his publicly traded hedge fund couldn’t avoid all of the market’s negativity. Pershing Square Holdings posted a 1.3 percent loss in January, according to a notice to investors.Coming off its 70.2 percent net gain during 2020,

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