Hedge Fund News From HedgeCo.Net

Singer and Ackman Are Concerned About China–Goldman Isn’t

July 17, 2015 : Permanent Link

(Bloomberg) Hedge fund managers including Paul Singer and Bill Ackman who’ve been concerned about the slump in China’s stock markets may feel better if they listened to the country’s best economists. Singer, whose hedge fund Elliott Management has been locked in a legal battle with Argentina for the last decade over defaulted debt, said Wednesday that China’s credit-fueled equity market crash may have larger implications than the U.S. subprime mortgage crisis in 2007.

To read this article: