Brazil Hedge Funds Reel as Losses Reach 24% After Lula Shock

Brazil Hedge Funds Reel as Losses Reach 24% After Lula Shock

In the span of three weeks, Brazilian hedge-fund managers went from celebrating some of their biggest gains in years to nursing steep losses and issuing mea culpas to their clients.

In the span of three weeks, Brazilian hedge-fund managers went from celebrating some of their biggest gains in years to nursing steep losses and issuing mea culpas to their clients.
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Bloomberg — Markets (EN)




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