Brazil’s Largest Hedge Fund Warns Of Calm Before The Storm

Verde Asset Management SA, Brazil’s largest hedge fund, managed by Luis Stuhlberger, added 1.89% during July bringing year-to-date returns to 4.53%, below the 6.5% that Brazil’s benchmark CDI interbank interest rate has returned over the same period, and is sticking to his ultra-bearish views, that's according to the fund's July letter to investors, exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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