Elliott Associates Up 13% In 2012; Loss on Gold Options
Elliott Associates L.P. returned 13.4 percent in 2012, according to sources close to the matter. The fund, which was created by maven Paul Singer in 1977, had a 2012 that came in broadly in line with its own returns from previous years, but lagged the S&P 500 (INDEXSP:.INX) return of 16 percent for the twelve-month period.