Hedge funds braced for second stock market plunge(ft.com)
ft.com
Hedge funds braced for second stock market plunge
https://www.ft.com/content/e1e1c3ef-1849-46bc-a472-2af8c0aabe5b
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> Paul Singer’s Elliott Management, which has $40bn in assets, wrote in its most recent letter to investors that since the impact of the economic downturn is greater than that of the 2008 financial crisis, “our gut tells us that a 50 per cent or deeper decline from the February top might be the ultimate path of global stock markets”.