Ackman's Pershing Square ekes out gain in September

Reuters

BOSTON, Oct 2 (Reuters) - William Ackman's Pershing SquareCapital Management staunched two months of bloodletting inSeptember, with his flagship fund eking out a tiny gain, leavingits main fund roughly flat for the year, according to aperformance update.

The activist investor told clients that the Pershing SquareLP fund inched up 0.2 percent last month, marking an improvementfrom August's 3.6 percent loss and July's 2.2 percent decline,according to an update which was seen by Reuters.

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