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Business

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

Rio Times

BusinessRio Times·Aug 5, 2026·1 min read

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

Markets: Rio de Janeiro Key Facts —Decision. Gávea Investimentos, founded by former Central Bank president Armínio Fraga, is exiting its Gávea Macro family of multimarket (hedge) funds and abandoning the strategy. —Mechanics. The five…

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