Fortress: Brazil is 'most amazing trading opportunity' this year

Aerial view of Christ the Redeemer statue, in Rio de Janeiro, June 26, 2014.
Yasuyoshi Chiba | AFP | Getty Images

Brazil may be the best place to put your money in 2014. At least, according to one of the world's largest hedge fund firms.

"Brazil, with this election in the next couple of weeks, has given rise to the most amazing trading opportunity so far this year," said $63 billion Fortress Investment Group executive Gareth Henry at the Alpha Hedge West conference in San Francisco on Monday.

"You can look at the equity market, the (Brazilian currency) real and the interest rates. All have been fantastic trades so far this year and we think that will continue post the election."