BTG Pactual Asset Management, the investment arm of the
fast-growing Brazil-based international financial group, has
passed the $3 billion mark with its well-performing Global
Emerging Markets and Macro (GEMM) flagship hedge fund on the
back of excellent performance so far this year, in a period
when many other macro funds have stumbled.
The fund - which is annualising at 27% since its inception
in February 2009 and won the EuroHedge award for global macro
with its performance in 2010 - is on a roll again this year.
GEMM was up by 13.67% for the...