Elliott Dislikes Argentina Litigation; Demands Derivatives Transparency

Elliott International LP delivered 2 percent returns in the second quarter vs 5.2 percent for the S&P 500 total return index.  Over a ten year period, Paul Singer's hedge fund has generated over 253 percent compared to over 111 percent for the S&P 500, an investor letter reviewed by ValueWalk reveals.  The $26 billion activist hedge fund investor weighed in on Argentina, addressed what was termed “the global monetary illusion” and highlighted bank risks that remain unaddressed by regulators, and were among many issues the 22-page quarterly report addressed.

See Elliott's Q1 2014 letter here (This article is one of several regarding the Elliott investment letter...