Analysts ponder whether activist fund Elliott is more in need of a ‘shake-up’ than the firms it invests in

Analysts ponder whether activist fund Elliott is more in need of a ‘shake-up’ than the firms it invests in

City A.M.

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Activist investor Elliott has ramped up its pressure on UK businesses this year, taking on builder Taylor Wimpey, pharmaceuticals firm Glaxo Smith Kline, and energy giant SSE. It took a sizeable top-five stake in SSE in September and last week wrote a ten-page letter to the firm’s chairman Sir John Manzoni criticising the firm’s CEO [...]

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