Ackman Sees Strong Gains From CP, Herbalife; New Mysterious Short

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HFA Staff
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CREW Herbalife Ltd. HLF Bill Ackman speaking

Bill Ackman’s Pershing Square is back with a bang, to put it mildly. The long/short equity hedge fund that closed the third quarter with a less that 1% net return, was up +7.9% in October, according to a monthly performance sheet seen by ValueWalk (and as earlier noted on Twitter) Ackman has a new short our story to follow pic.twitter.com/E1mtjCdRur — ValueWalk.com (@valuewalk) November 4, 2013   Bill Ackman’s overall returns This major reclaim to gain puts Bill Ackman’s overall return for the year at +8.5%. The monthly stat sheet also shows another interesting development; the fund now has two…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.