Published on 16 Sep 2023 on Insider Monkey via Yahoo Finance
Long-Term Returns of Paul Singer’s Activist Targets
In this article, we discuss long-term returns of Paul Singer's activist targets. If you want to see more stocks in this selection, check out Long Term Returns of Paul Singer's 5 Activist Targets.
Paul Singer is the brain behind Elliot Management, one of the oldest hedge funds with over $50 billion in assets under management. The hedge fund started investing in convertible bonds and arbitrage before branching into distressed investing.
A change of focus into activism is what has propelled the hedge fund to great heights, making Singer one of the most feared and respected in corporate America. Last year alone, the hedge fund is believed to have gained 5.9% as the overall market turned bearish and the S&P 500 fell 19%. The impressive performance stems from Singer's aggressive investment strategies that tend to outperform the overall market.