Nov
29
Brazil Hedge Fund Star Looks Elsewhere for His Next Big Bet
BySÃO PAULO, Brazil — Luis Stuhlberger’s Brazilian hedge fund has had an astonishing run — even in the face of his country’s sinking economy.
But he has grown increasingly bearish about the economic outlook for Brazil, and he is no longer placing most of his bets here, deciding to look elsewhere for investment opportunities.
“Brazil is going to get much worse before it gets better,” he said…