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Executives Are Ditching Banks to Manage Rich Brazilians Money

(Bloomberg) As the craze to launch new hedge funds in Brazil peters out following a sharp rise in interest rates, it seems everyone is moving into wealth management.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsReal Estate Industry Takes Fresh Hit With Verdict on CommissionsIsrael Latest: Biden Says US Citizens to Be Allowed to Exit GazaIsrael Latest: Blinken Returning to Israel; Refugee Camp HitSaudi Forces on Alert After Clash With Iran-Backed HouthisAn in

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