Pershing Square Tops HSBC Chart

Ackman’s Pershing Square Tops HSBC Performance Chart

Pershing Square Capital, a New York-headquartered activist hedge fund management company founded and run by Bill Ackman, is leading as the top performing hedge funds by HSBC's performance chart on the back of strong August.
William Ackman’s Pershing Square Capital widened its lead as the top performing hedge funds monitored by HSBC’s HedgeWeekly report, with the ISAM Systmatic Fund elbowing its way into third place after posting a monster performance number in August.
Other notables in the top five include Chenavari Toro Capital fund, with 19.21 percent performance year to date, and Trisheld Special Situations fund, posting 18.08 percent year to date performance.
Ackman’s Pershing Square moves to 29.89%% YTD performance
It was Ackman that took the spotlight, however. From ValueWalk’s last post on July 28, Pershing Square extended its lead, moving from 23.97 percent performance year to date to 29.89 percent performance in the most recent HSBC report – and in doing so extended his lead over second place Pharo Trading Fund, with 21.34 percent year to date performance.
Source: ValueWalk

Related to: Hedge Fund Update

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