Hedge Funds in Brazil Are Doing Just Fine—Just Ask Bahia
French supporters walk on the street in Salvador De Bahia on Jun. 18, 2014 after the Group B football match between Spain and Chile in the Maracana Stadium in Rio de Janeiro for the 2014 FIFA World Cup. AFP Anne-Christine Poujoulat/AFP/Getty Images
Not the sunny, coastal state in the nation’s northeast, but an asset manager that had around 7.7 billion reais ($1.98 billion) in net inflows in its two main funds this year. The amount puts it among the Brazilian hedge-fund firms with the most new money coming in, according to data compiled by Bloomberg.
