Dossier
US$1.7B outflows
Coverage of US$1.7B outflows in the Nexus archive.
- 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.