Brazilian hedge-fund managers who won big by positioning for a strong showing by right-wing candidate Flávio Bolsonaro in the first round of the presidential election are fine-tuning derivatives bets that soared on Monday’s historic rally in local markets.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-10-08/hedge-funds-that-nailed-brazil-vote-bet-on-more-gains-ahead)