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Hedge Funds Target Catastrophic ESG Cases for Huge Returns

(Bloomberg) In a corner of finance that rarely generates headlines, investors are busy mapping out paths to huge returns as they contemplate the fallout of new laws in Europe.Most Read from BloombergChinese Billionaire Is Second-Biggest Foreign Owner of US LandIPhone Survives 16,000-Foot Fall, Helps Steer Jet-Panel HuntBoeing Slumps After Panel Blowout Leads to Partial 737 GroundingMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysEmirates’ Clark Says Blowout Illustrates Boeing’s Qualit

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Burford Eyes 37,000% Return in $16 Billion Argentina Award

(Bloomberg) Burford Capital’s share of the $16 billion a US judge in New York ordered Argentina to pay over its 2012 seizure of oil company YPF SA is around $6.2 billion, which would give the litigation funder a more than 37,000% return on its initial investment.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereTech

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