Brazil Hedge Funds Set for First Outperformance Since 2022

Traffic passes in front of buildings on Faria Lima Avenue in the financial district of Sao Paulo, Brazil, on Friday, Sept. 1, 2022. — Traffic passes in front of buildings on Faria Lima Avenue in the financial district of Sao Paulo, Brazil, on Friday, Sept. 1, 2022.
Photographer: Victor Moriyama/Bloomberg

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By Felipe Saturnino

December 30, 2025 at 2:42 PM UTC

Leia em português

Brazilian hedge funds are on track to beat their benchmark for the first time since 2022, bolstered by winning bets on global interest rates and a surge in local stocks.