(Reuters)Billionaire investor William Ackman’s Pershing Square Holdings hedge fund ended 2015 with a 20.5 percent loss after Valeant Pharmaceuticals, a top holding, has battered in the second half of the year. The fund, one of several portfolios run by the firm, ended December nearly flat with a 0.3 percent gain for the month, Pershing Square, one of the industry’s most closely watched hedge funds, told investors in an update.
Ackman’s Pershing Square Holdings Ends 2015 Down 20.5 Percent
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