UPDATE 1-Ackman's fund up 10.7 pct in Q1, others hurt by tech drop
April 02, 2014 at 17:02 PM EDT
April 2 (Reuters) - Activist investor William Ackman, who has spent $1 billion betting that Herbalife is a fraud, delivered double digit returns to his investors during the first quarter even as many rival hedge funds posted only small gains or even losses.