Thursday, May 28, 2015 5:14:51 PM
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WSJ: "Argentina, Once Shunned, Regains Its Allure"
"Hedge funds see promise with president’s departure"
By Gregory Zuckerman
May 27, 2015 5:48 p.m. ET
"Hedge funds are piling into investments in a most unlikely locale: Argentina."
“Argentina has been a bad situation, but with some changes it can get considerably better,” says David Tawil, president of hedge fund Maglan Capital LP, which manages $80 million and owns 14% of Madalena Energy, a small Argentine energy company that trades abroad. “The upside is enormous.”
read the rest
http://www.wsj.com/articles/argentina-once-shunned-regains-its-allure-1432763318
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