(Reuters) – William Ackman’s hedge fund is boasting double-digit gains at a time many portfolios have sunk along with the economy during the coronavirus pandemic, after the billionaire investor plowed cash into a number of companies he already owned and dumped Warren Buffett’s Berkshire Hathaway among other stocks.The public and private funds at Pershing Square Capital Management have gained between 22% and 27% this year, handily beating both the Standard & Poor’s 500 index and the average hedge fund which are each off 7% since January, Ackman said.
Ackman says hedge fund up 27% year to date, dumped Berkshire
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