{"id":67771,"date":"2019-01-29T01:08:34","date_gmt":"2019-01-29T06:08:34","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=67771"},"modified":"2019-02-01T00:46:47","modified_gmt":"2019-02-01T05:46:47","slug":"brazil-hedge-fund-icon-scoops-up-vale-shares-after-dam-disaster","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2019\/brazil-hedge-fund-icon-scoops-up-vale-shares-after-dam-disaster.html","title":{"rendered":"Brazil Hedge-Fund Icon Scoops Up Vale Shares After Dam Disaster"},"content":{"rendered":"<p>\n(Bloomberg) One of Brazil\u2019s most revered hedge-fund managers is seeing a buy opportunity in Vale SA\u2019s record plunge. Rogerio Xavier, who helps manage 19 billion reais ($5 billion) in assets at the helm of the SPX Nimitz funds, said he started building up his position in shares of the world\u2019s largest iron ore producer after a fatal accident at a dam owned by the company. The breach, which has so far killed 84 people and left over 270 missing, caused a 25 percent plunge on shares on Monday, wiping more than 72 billion reais from Vale\u2019s market share and prompting analysts\u2019 downgrades and warnings from ratings firms.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-01-29\/brazil-hedge-fund-icon-scoops-up-vale-shares-after-dam-disaster\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) One of Brazil\u2019s most revered hedge-fund managers is seeing a buy opportunity in Vale SA\u2019s record plunge. Rogerio Xavier, who helps manage 19 billion reais ($5 billion) in assets at the helm of the SPX Nimitz funds, said he [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67771","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=67771"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67771\/revisions"}],"predecessor-version":[{"id":67772,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/67771\/revisions\/67772"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=67771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=67771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=67771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}