Elliott Investment Management is a firm founded in 1977 by Paul Singer. It is one of the largest activist funds in the world, while some critics compared their strategies to those of vulture funds.
Hedge Fund Alpha reviewed a copy of their latest Q1 2024 investors letter which comes in high detail of almost 30 pages. Besides the commentary on the fund's performance and overall thoughts on the portfolio, Singer and his partners addressed several topics relevant not only to financial professionals but also to the wider public.
They glanced at the current situation in the world, with a focus on Iran, the War in Ukraine, and the Conflict in Gaza. Other topics on which they shared their insights were the gold market, investing in precious metals, and inflation and monetary policy.
Stay tuned for more coverage.
Performance Report And Outlook Of The Market
In the first quarter, the Class B interest in Elliott Associates L.P., and Elliott International Limited were at a profit rate of 2.5% and 2.4% respectively. The share price of Elliott International Limited reached $2,184.7 by the end of March.
Sectors with a top contribution were distressed and other debt,