Is Tracking Paul Singer a Losing Bet?

Investors following his activist plays last year lost more than 10 percent on an annualized basis, according to a new report.

Paul Singer (Patrick T. Fallon/Bloomberg)

Paul Singer

(Patrick T. Fallon/Bloomberg)

Activism was largely a losing strategy for investors in 2018 — especially for those who followed Paul Singer’s Elliott Management.

The $34 billion hedge fund subjected 24 companies to its activist demands last year — far more than any other hedge fund, according to the Activist Investing Review of 2019, which nonetheless ranked Elliot its No.

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