William Ackman is a master indeed. With his initial public offering of stock in sight and listing on the Amsterdam stock exchange just ahead, the activist hedge fund manager is reporting stunning performance and is having what can only be described to this point as a charmed year. Ackman’s Pershing Square gains 31.5% in September Ackman’s Pershing Square L.P. is reporting a 31.5 percent gain through September, when it added to its returns with a 1.4 percent rise in value, Reuters is reporting, citing an investor in the fund. The fund had gained 40.8 percent year to date on a…
Bill Ackman Posts Record Profits As IPO Nets $3 Billion
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.