Hedge Fund Legacy Capital Hires From Rivals to Expand FX Desk in Brazil

09/01/2023 06:41
Hedge Fund Legacy Capital Hires From Rivals to Expand FX Desk in Brazil

Legacy Capital, one of Brazil’s largest independent hedge fund managers, is beefing up its foreign-exchange desk.

  • Fund adds portfolio managers focusing on G10, EM currencies
  • Legacy Capital ranks among Brazil’s biggest money managers
Felipe GuerraSource: Legacy Capital

Legacy Capital, one of Brazil’s largest independent hedge fund managers, is beefing up its foreign-exchange desk.

Bruno Guimaraes and Claudio Margulies will start next month focusing on G10 and emerging-market currencies, according to Chief Investment Officer Felipe Guerra, who oversees about 29 billion reais ($5.9 billion) in assets and helped found the Sao Paulo-based firm.

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