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Brazilian funds on brink of global go-ahead

We asked the experts how Brazil's hedge fund landscape would change once they can invest globally, not just at home. David Walker got answers...

The world of Brazilian hedge funds is about to make a quantum leap. Brazil's authorities are expected at the end of April to allow that country's hedge funds to invest in instruments beyond Brazil's borders.

Previously, explains José Brazuna from ANBID, Brazil's Association of Investment Banks, Brazilian funds could only invest in local instruments. Brazuna notes 'multi-market' funds - Brazil's

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