Bill Ackman Says Pershing Square Has Achieved a 20% Gross Annual Return Since Inception and Aims to Keep Beating That Bar. Can His Newly Launched Funds Live Up to the Track Record?
Yahoo Finance ·
Hedge fund manager Bill Ackman's firm, Pershing Square, went public on U.S. markets with its Pershing Square USA ( PSUS +0.10% ) fund, backed by his big-name notoriety and a strong track record of success. Ackman , one of the world's most famous investors, has run the Pershing Square hedge fund since Jan. 1, 2004, when he formed Pershing Square Capital Management. The fund launched with $54 million in assets, and now the core strategy has about $24 billion in assets across different funds. Since its inception, the hedge fund has averaged a 15.6% compound annual return, beating the S&P 500 's 11%. On a gross return basis, before fees, the fund has averaged an annual return of 20% since inception, Ackman wrote in an Aug. 12 letter to shareholders.
DYAX Investor Sentiment
Bullish (Long) 58% · Bearish (Short) 42%
286 participants
Related News
- 3 Japanese Hidden Gems With At Least 12% Net Margins
- Does XRAY’s Profit Recovery and Reaffirmed 2026 Outlook Shift the Dentsply Sirona Thesis?
- European Equity pre-Market Summary - 4th September 2026: Equities continue to benefit from Waller's dovish comments, markets look ahead to US NFP
- Apple's (AAPL) initial foldable iPhone production is limited to just a few hundred units per day as the company and its suppliers work to ramp up output while meeting quality standards, Nikkei sources report
- MSFT Stock Heads For Weekly Drop: CEO Satya Nadella Says Azure Customers Are Already Using OpenAI’s New Astra AI Model
- Nvidia vs. Micron: Which Is the Better AI Semiconductor Stock to Own for the Next 5 Years?
