GWI Asset Management has restarted nine funds for redemptions and new investments after getting approval from investors, Bloomberg reports. The Brazilian investment firm closed its funds for redemptions and new investments after a global market sell-off hampered its leveraged equity bets. All nine funds can be shut again if redemptions are not consistent with the assets, according to BNY Mellon, administrator of investments for GWI. One of the funds, Fundo de Investimento em Acoes GWI Private no Exterior, still has liquidity problems.

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