Thursday, 18 December 2014
Last updated 4 hours ago
Dec 6 2010 | 4:22am ET
November was one of the worst months of the year for the hedge fund industry, which saw broad losses. But it was easily the best month of the year for William Ackman and Pershing Square Capital Management.
The New York-based firm's flagship hedge fund soared 12.2% last month, Dealbreaker.com reports. The huge November accentuates what has been a huge 2010 for Pershing Square, whose $3 billion Pershing Square fund is up 27% on the year.
Pershing Square manages a total of $8.46 billion.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.