Hedge Funds

Bumpy Times In Brazil, But Hedge Funds Boom

by cnbc.com posted 3years ago 417 views
Hedge funds are growing in Brazil amid political and economic upheaval, N.Y. Times reports. : After more than a decade as an asset manager for large multinational banks, a Brazilian, Márcio Appel, wanted to make it on his own. The political and economic upheaval in his country was not going to deter him. Even on the heels of a new scandal erupting in May that rocked the markets, the hedge fund firm he co-founded here, Adam Capital, started raising money for its newest fund.

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