Ackman’s hedge funds make money this year as hedges help

Ackman’s hedge funds make money this year as hedges help

BOSTON (Reuters) – Billionaire investor William Ackman, who hedged his Pershing Square Capital management portfolio weeks ago to guard against coronavirus-inspired panic selling, told investors his private hedge fund is making money this year, an investor said on Wednesday. FILE PHOTO: William Ackman, CEO and Portfolio Manager of Pershing Square Management, is pictured during the […]