Sun, Jul 5, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers May 2012

Focus
Part I - Attractive but mysterious, Brazil offers potential for serious suitors
Part II - LatAm statistics

Part I - Attractive but mysterious, Brazil offers potential for serious suitors

The economic crisis in Western economies has driven some new hedge fund managers to explore investing in new frontier markets, particularly if they have some experience of those regions.

Brazil has proved popular with new hedge fund managers as the first of the famous quintet of emergent economies in the acronym "BRICS", but it is not at the top of investors' lists - and neither is the rest of Latin America. Furthermore, the local hedge fund industry is healthy but there have been fewer launches in the last few years. Opalesque surveys the landscape.

Participants at the recent Opalesque Roundtable in Brazil

(LEFT TO RIGHT)Mauricio Levi (FAMA Investimentos), Eduardo Moreira (Plural Capital), Mariano Andrade (Polo Capital), Raquel Gonzalez, Matthias Knab (Opalesque) Vassilis Vergotis (Eurex), Marcia Rothschild (Citi's Securities and Fund Services), Otávio Vieira (Fides A.M.)

Investing in Brazil

Despite all the advances and evolution of the Brazilian market, Brazil is still considered a "mystery" to some foreign investors, a participant said during Opalesque's recent Brazil Roundtable. Brazil - and LatAm in general - is attractive but still at the bottom of the investment opportunity list. However, there has been more foreign money coming into the Brazilian market than before of late, in IPOs, the Bovespa (Sao Paolo' stock exchange), M&A deals and the private equity space.

Economic conditions in Brazil have improved over recent years, with a more attractive interest rat......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner