Brazilian hedge funds had more than $4.5 billion in inflows during the month of July. This is the largest monthly inflow to Brazilian hedge funds ever. The increased investor appetite comes amid low global interests and increased demand for riskier, higher yielding assets.
Brazilian hedge funds manage about $150 billlion in total assets. The July inflows represent an increase of about 3%.
The Brazilian stock market, Bovespa, had its best month in July in more than 10 years.
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