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,
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