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The Nexus
BUSINESSAug 5 · 07:07 UTCTHE RIO TIMESRichard Mann

Brazil’s Gávea Shuts Multimarket Funds After US$1.7B Outflows

Gávea Investimentos, founded by former Central Bank president Armínio Fraga, is shutting down its Gávea Macro multimarket funds after US$1.7B in outflows. The five affected funds will be transferred to Bradesco Asset pending shareholder approval.

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Mentioned
Gávea InvestimentosorganizationArmínio FragapersonBradesco AssetorganizationGávea Macroorganizationmultimarket fundstopicUS$1.7B outflowstopic
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