Elliott Tells Investors – Fund Preparing To Hunt For Argentine Assets

Paul Singer’s Elliott Management signaled that the hedge fund could once again engage in a global asset hunt to track down and repossess Argentine property as payment for the country’s defaulted bond debt.

In an investor letter reviewed by ValueWalk, the legendary value investor, with over $25 billion in assets under management and one of the world’s largest hedge fund managers, also outlined rather sophisticated hedging techniques as protection for events such as monetary debasement and detailed profitable commodity trading in the third quarter.

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