Tempted by the Latin allure

latin america

While Latin and South America have previously been regarded as a highly volatile market - in terms of equity, debt and political climate - it has proved a region of high returns from the hedge funds in its mature industry.

Guilherme Valle, hedge fund analyst at Connecticut fund of hedge fund (FoHF) firm ABS Investment Management, says Brazilian hedge funds can be divided in two groups.

The fundos multi mercado (multi-market funds), which mainly use fixed-income and equity instruments, and may be

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