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Brazil Hedge Funds See Biggest Outflows Since 2017 as Rates Rise

(Bloomberg) Brazil’s hedge fund industry is being tested as one of the world’s most hawkish central banks quickly increases rates, prompting investors to pile back into fixed-income products.

Investors pulled 13.4 billion reais ($2. ....

Guilherme Paiva , Carlos Sequeira , Morgan Stanley , Xp Inc , Itau Unibanco Holding , Wall Street ,