{"id":68591,"date":"2019-03-27T03:23:38","date_gmt":"2019-03-27T07:23:38","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=68591"},"modified":"2019-03-27T03:23:38","modified_gmt":"2019-03-27T07:23:38","slug":"top-brazil-hedge-fund-doubles-down-on-state-controlled-companies","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2019\/top-brazil-hedge-fund-doubles-down-on-state-controlled-companies.html","title":{"rendered":"Top Brazil Hedge Fund Doubles Down on State-Controlled Companies"},"content":{"rendered":"<p>\n(Bloomberg) One of Brazil\u2019s top-performing fund managers has increased bets on the country\u2019s largest state-controlled lender Banco do Brasil SA and state-owned utility Cia Energetica de Minas Gerais after recent underperformance.&#8221;These stocks have been lagging behind and are cheap, also taking into account good perspectives for an improvement in fundamentals,&#8221; said Joao Braga, co-head of equities at XP Asset Management. While Brazil\u2019s equity benchmark Ibovespa index has gained more than 6 percent this year, Banco do Brasil has advanced 2.5 percent and Cemig is down 0.6 percent.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-03-25\/top-brazil-hedge-fund-doubles-down-on-state-controlled-companies\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) One of Brazil\u2019s top-performing fund managers has increased bets on the country\u2019s largest state-controlled lender Banco do Brasil SA and state-owned utility Cia Energetica de Minas Gerais after recent underperformance.&#8221;These stocks have been lagging behind and are cheap, also [&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-68591","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68591","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=68591"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68591\/revisions"}],"predecessor-version":[{"id":68592,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68591\/revisions\/68592"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=68591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=68591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=68591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}