Hedge fund Gávea steps up contrarian Mexico, Brazil currency bets
February 05, 2016 at 07:25 AM EST
SAO PAULO/NEW YORK, Feb 5 (Reuters) - Gávea Investimentos Ltda, the hedge fund run by former Brazilian central bank president Arminio Fraga, is doubling down on contrarian bets on Mexico's currency and against Brazil's, a sign that disparities between Latin America's two biggest economies will grow faster.