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 8th on the list of best yearly performers, then delivering his best annual return in history, up 37.24 percent net to investors.......MORE
Earlier:
Climateer Line Of The Day: Pershing Square's Ackman Gets Trolled, Hard, Edition (VRX; HLF; TGT; BGP; JCP)