BOSTON (Reuters) – William Ackman’s Pershing Sq. Holdings fund declined 1.3% in January, in accordance with an investor replace, as broader inventory indexes ended the month with losses amid response to the coronavirus vaccine rollout, the economic system and turbulent buying and selling within the final days.
The loss comes on the heels of Ackman’s record-setting 70.2% return in 2020.
The index fell 1.1% in January whereas the fell 2%.
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