June 24, 2017 / 2:41 PM / a month ago

Verde sees value in some Brazil debt

1 Min Read

SAO PAULO, June 24 (Reuters) - Verde Asset Management SA, which oversees Brazil's largest hedge fund, sees a potential for strong returns from local inflation-linked debt of shorter maturities as interest rates possibly decline further.

Chief Executive Officer Luis Stuhlberger said at an event sponsored by XP Investimentos that congressional passage of a labor reform is possible, and key for reducing costs at companies. Verde oversaw about 32 billion reais in assets at the end of May. (Reporting by Guillermo Parra-Bernal; Writing by Marcelo Teixeira)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below