Tim Love, investment director and co-manager of the $35m GAM Star Emerging Equity fund, has invested in Brazilian meat processing company JBS, which was recently embroiled in a corruption scandal involving Brazilian President Michel Temer.
Despite the "binary" nature of the trade, Love said he had rarely seen a stock so mispriced as JBS following the scandal. On the release of allegations that Temer had encouraged JBS chairman Joesley...
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