Paul Singer strikes back, says size is no enemy of performance
May 10, 2012
Rob Copeland
The Elliott Management honcho also blasts “complete baloney” of loose monetary policy.
| | |
| Wile E. Coyote demonstrates the perils of overreaching. | |
LAS VEGAS -- Elliott Management founder Paul Singer offered a full-throated defense of big hedge funds Wednesday, pushing back against the notion that he and his peers are grazing at the buffet of steady management fees.
In an on-stage interview at the SALT Conference in Las Vegas, Singer boasted that his firm’s growth from $1 million to $19.2 billion during more than three decades had been an “unalloyed positive.”...
TAKE A FREE TRIAL
The full contents of this article are available to Absolute Return subscribers and trialists only.
To continue reading please, take a free trial, subscribe or log in.
Subscribe
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.
Subscribe now