Popularized in films like Limitless, legal smart drugs called Nootropics are becoming more and more prevalent in board rooms and on Wall Street.Keep reading »
Pershing Square Holdings has risen 27.2 percent this year, according to an investor in the fund, after extending its gains modestly last month when many hedge fund managers suffered losses. The Pershing Square Holdings fund inched up 0.6 percent in July.
Dan Loeb, however, could use the pick-me-up, having given back about a quarter of his first-half returns last month. Which is nothing compared to how galling it is to be 20 percentage points in back of Bill Ackman.