Singer's Elliott Management Hedged In Volatile Third Quarter, Posts Gain

While many hedge funds struggled mightily in the third quarter, with some of the largest names in the industry posting double digit losses, the $27 billion under management at Elliott Management treaded water, posting slight gains of 0.1 percent in Elliott Associates LP and slightly bolstering year to date gains as of September 30 of 2.8 percent, according to a quarterly reported reviewed by ValueWalk. The Elliott International fund posted quarterly gains of 0.2 percent, adding to the 2.4 percent year to date performance.

Elliott Management: August / September market rout justifies hedging efforts

With the August and September stock market volatility in the books, damaging the returns of...