Pershing Square Leads the Top of HSBC’s ListThe top of HSBC’s list of hedge fund performers is being led by Pershing Square Capital Management, an activist hedge fund management company founded and run by Bill Ackman, year to date, according to ValueWalk.
Other well-known names on the top performer list include Chenavari, Greywolf and AHL. Well-known names among the worst performers include Odey European, Tudor Discretionary Fund and Graham’s Global Discretionary fund which is living up to its enhanced volatility moniker.
It has been one wild ride for Pershing Square’s Bill Ackman, who posted year to date returns of 23.97 percent as of July 15, making his firm the top performer among all hedge funds thus far in 2014. The fund is no doubt riding on the back of its controversial Allergan, Inc. acquisition.Source: ValueWalk