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Funds

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Sep 24, 2026 EN/PT

When the Manager Changes Jobs, the Fund Moves Too

A 2003 identification idea, follow the managers who move, applied to 37,455 manager switches in the Brazilian fund industry. When a fund changes management firms, its portfolio changes address too.

Kauê Lopes de MoraesPh.D Candidate, University of São Paulo 14 min read
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