Brazilian hedge fund SPX Capital is undergoing a significant internal restructuring after a prolonged period of weak performance, client outflows and high domestic interest rates that has reshaped the country’s asset management landscape, according to a report by Bloomberg.
Founder and controlling partner Rogério Xavier has ceded day-to-day oversight of most client capital to senior partner Bruno Pandolfi as the firm seeks to stabilise performance and rebuild investor confidence following severa...
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