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Elliott Management Corporation is the management affiliate of US hedge funds Elliott Associates L.P. and Elliott International Limited. Elliott was founded by Paul Singer, who also serves as CEO of the management company, which is based in New York City. From inception, Elliott has generated for its investors a 14.6% net compound annual return, compared to 10.9% for the S&P 500 stock index, and now has more than US$23 billion in assets under management. As of the first quarter of 2015, Elliott's portfolio is worth $8,124,567,000.〔(【引用サイトリンク】url=http://www.insidermonkey.com/hedge-fund/elliott+management/60/ )〕〔(【引用サイトリンク】url=http://www.insidermonkey.com/hedge-fund/elliott+management/60/ )〕 ==Overview== Paul Singer created Elliott Associates in January 1977,〔(【引用サイトリンク】title=Company Overview of Elliott Management Corporation )〕 starting with $1.3 million from friends and family. (Elliott is his middle name.)〔 In its earliest years, the firm focused on convertible arbitrage. Since the 1987 stock market crash and early 1990s recession, however, the firm has transitioned into a multi-strategy hedge fund. Elliott Associates manages $8.6 billion and is Elliott Management's primary domestic fund. Elliott is noted for its relatively high returns and low volatility. The ''New York Times'' has called Paul Singer ‘one of the most revered’ hedge fund managers on Wall Street. Elliott returns have generally outpaced the annual growth of the S&P 500. Describing Singer in 2012 as "one of the smartest and toughest money managers in the business," ''Fortune'' noted that over the previous 35 years, he had "produced an extraordinary 14% average annual return after fees, nearly double the price appreciation of the S&P 500."〔 From inception, Elliott has generated for its investors a 14.6% net compound annual return, compared to 10.9% for the S&P 500 stock index, while having only one-third of the index's volatility. The firm is currently closed to new investors. As of mid-2008, Elliott counted 175 employees in New York, London, Tokyo and Hong Kong〔 and is one of the oldest hedge funds under continuous management. In a November 2014 investment letter, Elliott described optimism about U.S. growth as unwarranted. "Nobody can predict how long governments can get away with fake growth, fake money, fake jobs, fake financial stability, fake inflation numbers and fake income growth," Elliott wrote. "When confidence is lost, that loss can be severe, sudden and simultaneous across a number of markets and sectors." 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Elliott Management Corporation」の詳細全文を読む スポンサード リンク
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