"Brazilian Millennials are investing outside the country, not the funds"
Investor
In a recently interview to Market Maker’s Youtube channel, the renowned Brazilian investor's Marcio Appel affirmed that it is the millennials who are sending money to outside Brazil, and investing in other regions, not the funds or institutional investors.
Marcio Appel is the founding partner of Adam Capital.
I agree. I wrote an article mentioning the war between Avenue and Nomad, see here.