Bridgewater, Elliott and SAC shape report on long-term investing
March 29, 2011
Brand name hedge funds contribute to a World Economic Forum paper that argues against short-term thinking.
It’s not surprising to find a World Economic Forum report arguing that short-term investing can harm long-term growth, but it is unusual to find an elite group of hedge funds mentioned in the credits.
Among the global institutions that helped shape the just-released paper are Bridgewater Associates, Elliott Management, Eton Park Capital, SAC Capital Advisors and other brand name hedge funds who frequently invest for the short term.
The paper, “The Future of Long-term Investing,” is the result of a year-long collaboration of the World Economic Forum—the group that holds its annual forum in...
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