Activist investors are accused of being short-term thinkers who favor financial engineering at the expense of fundamental re-investment in the company or its people. A recent research paper by Thomas Keusch of Erasmus University in Rotterdam, cited in the Harvard Business Review, disputes that claim. So do those at Paul Singer’s Elliott Management, perhaps one of the most consistently successful activist hedge funds in history — and among the most feared. Activist fund managers increasingly go after CEO’s Since its founding in 1977, Elliott has delivered investors negative returns only twice, and the one year, in the wake of the…
Is Fear Elliott Management's Best Weapon?
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.