Brazil Hedge Funds Up 16% In March, Best Place To Invest Says Survey

Brazil's market and government have not been getting the best reviews lately as controversy brews around the country's financial and political conditions. The current state of Brazil has been called a house of cards by some due to the consistent democratic unrest in the country that has been worsened by the ongoing economic crisis. However, despite all the bad news, some investments by Brazil hedge funds have been rewarded handsomely.

Brazil hedge funds make record returns

In March, hedge funds that invested in the Brazilian market grabbed a 16.5% return, eliminating some of the poor performance in previous months. According to eVestment, the record performance from...