CNBCのインスタグラム(cnbc) - 2月14日 09時00分

Hedge fund manager Bill Ackman is on the comeback trail. ?

His fund Pershing Square says it is up 24.7% so far in 2019. What’s driving these gains? Ackman said in his most recent shareholder letter that investments in ADP, Lowe’s, Starbucks and Chipotle have paid off handsomely.

The good times for Ackman and Pershing Square come after a spell of negative returns for the activist investor. By early 2018, the hedge fund’s assets had been more than cut in half from their peak above $20 billion in 2015.

Some of Pershing’s challenges in the past few years? A $4 billion (!) loss on its stake in Valeant Pharmaceuticals. And who can forget Ackman’s high-profile short of Herbalife.

Learn more about what Ackman is invested in today, at the link in bio. *
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#BillAckman #HedgeFund #Ackman #PershingSquare #ADP #Lowes #Starbucks #Chipotle #Nike #Invest #Investing #Investor #Investment #Money #Wealth #Business #BusinessNews #CNBC

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