(Bloomberg) Legendary hedge-fund manager Luis Stuhlberger continued to take advantage of the volatility brought on by Brazil’s upcoming elections to buy back into the country’s stocks and cut hedges after years of pessimism. Far-right candidate Jair Bolsonaro is seen as the favorite to win as the rejection of the left is showing up sooner than expected, Stuhlberger’s Verde Asset Management SA said in a monthly note to clients.
Brazil Hedge-Fund Icon Sees Bolsonaro as Favorite to Win Vote
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