Reginal Thomas
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Don't Call It A Comeback! Bill Ackman's Pershing Square is Up 8.5% for the Year


Bill Ackman had a rough Summer. Ackman from feuded with both his billionaire frienemy Dan Loeb, and guru investor Carl Icahn over Herbalife and then took bath with his stake in JC Penney. The Fall season has been kind to Ackman because his Pershing Square Capital Management gain 7.9% in the money of October and its now up 8.5% for the year. With advances in Canadian Pacific Railway LTD, Burger King Worldwide and other investments. Pershing Square is performing better than the S&P 500 3.6% rise in the last month and the average hedge funds's 5.7% gain for the year. The firm manages $11.45 billion in assets.