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Brazil hedge-fund manager who called real rally sees more gains

Saturday, July 30, 2016 - 05:50
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OPTIMISTIC: Despite outsize rallies this year across Brazilian financial markets, hedge fund manager Luiz Fernando Figueiredo argues that there are more profits to be made.

Sao Paulo

IN the depths of Brazil's world worst market sell-off last year, hedge fund manager Luiz Fernando Figueiredo made a bold call. All the fretting about a dangerous financial crisis was way overblown, he said, and markets were ready to rebound.

Now, after outsize rallies