Macro Finance
Hedge Funds That Won Big on Brazil Vote Bet on More Gains
Bloomberg Markets·October 8, 2026·1 min read
Brazilian hedge-fund managers who profited by betting on a strong first-round showing for right-wing candidate Flávio Bolsonaro are fine-tuning derivatives positions after Monday's historic market rally. Their successful positioning highlights how political expectations are driving local asset prices ahead of the runoff.
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