Argentina market rout pummels Brazilian hedge fund

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A Brazilian hedge fund was among the casualties of Monday's market rout on ...

The most recent regulatory filings, from last May, list holdings as of March 31. Newfoundland did not return calls or emails seeking comment or confirmation of any material change in its positions since. The Argentine local filing in Cresud shares is as of June 2018.

Four of the five stocks in Newfoundland’s portfolio that tumbled on Monday were up between 0.8% and 8.8% each on Tuesday, while Edenor was down another 3.5%. Current filings show billionaire investor David Martinez’s Fintech Telecom LLC held 30.8% of Telecom Argentina as of mid-April. That position would have suffered a one-day loss of over $132 million on Monday.

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