Nery Asset Management

Eduardo Nery is the founder and Chief Investment Officer, and the firm's fundamental discretionary macro process reflects his personal investment framework. Before launching the firm, he was the head of fixed income and currencies at Banco do Brasil, where he managed roughly $7 billion in proprietary local debt. Decision-making authority is concentrated in his role, consistent with founder-led macro boutiques.

Nery runs a fundamental discretionary global macro strategy with a structural concentration in Latin American local markets. The firm trades sovereign local-currency bonds, interest rate derivatives, credit default swaps, and FX, primarily in Brazil and Mexico. Secondary exposures include Chile, Colombia, and Peru, with equities used only opportunistically through liquid indices.

Nery operates solely as a hedge fund manager. There is no wealth management overlay, private equity allocation, or multi-family-office structure. The firm was purpose-built by Eduardo Nery in 2015 to run a single macro strategy for external investors, distinct from any family capital vehicle.

The firm's advantage derives from Eduardo Nery's more than two decades of trading Brazilian public-sector flow and his former role managing the country's largest institutional fixed-income book. This experience provides granular insight into local central bank reaction functions, political economy shifts, and onshore flow dynamics that offshore macro managers often lack.

Nery manages a single direct investment vehicle and does not operate as a fund-of-funds or allocate to external managers as a fee-generating strategy. The firm's investor base is served through its flagship macro fund rather than through a platform of sub-allocations.