Bill Ackman’s Pershing Square hedge fund made an inauspicious appearance on an HSBC weekly hedge fund list in a ratings and performance reporting issue out today. Pershing Square cracked the bottom 20 worst performing list – and answers or questions that were or were not asked during Valeant Pharma due diligence might be at fault.
Ackman down in performance as SIRF and Citron administer a one-two puch
Pershing Square has never finished a year at the bottom of the HSBC performance ranking. For the hedge fund activist that in 2014 finished 8 on the list of best yearly performers, then delivering his best annual return in history, up 37.24 percent net to investors.......MORE
Climateer Line Of The Day: Pershing Square's Ackman Gets Trolled, Hard, Edition (VRX; HLF; TGT; BGP; JCP)