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[$$] Ackman has best first half in four years

Lindsay Fortado

and ADP helped Bill Ackman post his best first-half performance in four years. , his publicly traded fund, is up 12.7 per cent so far this year, prompting Mr Ackman to declare the fund is “back on track,” in the fund’s half-year financial report. Pershing Square has suffered through three abysmal years, during which it fell as much as 20.5 per cent.