Billionaire activist investor Bill Ackman has joined the ranks of the world’s top 20 hedge fund managers for the first time, following a stellar performance in 2014.
His firm Pershing Square delivered $4.5 billion in net gains last year for investors.
Bill Ackman - The only new entrant
In the annual list compiled by LCH Investments, Bill Ackman was placed at number 19 of the top 20 funds based on the total amount of dollar net profits they have made for investors after fees. Pershing Square returned 33% in 2014, and has returned $11.6 billion to investors since its 2004 launch.
Bill Ackman was the only new entrant into the annual list compiled by LCH Investments. Pershing Square is the youngest fund on the...
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