Dow Jones – A London-based hedge fund association has appointed a Brazilian representative to boost hedge fund business in Brazil, where the industry already has some $30 billion under management and is notching up double-digit annual growth.
Michelle Noyes, of Sao Paulo-based asset management firm BRZ Investimentos, will be the local representative for the Alternative Investment Management Association, or AIMA, acting as a point of contact for new overseas investors and local regulators, and also help Brazilian hedge funds that want to explore overseas opportunities, AIMA said in a statement.
