<span style="line-height: 20.8px;">Elliott Capital Advisors, the UK arm of US hedge fund Elliott Management, has acquired a 1.3pc holding in SAB through derivatives called contracts for difference. The activist investor, best known for its 15-year battle with Argentina over its 2001 debt default, has also revealed a small short position in AB InBev, a bet the Belgian-Brazilian company’s share price will fall.</span>