Brevan Howard fund sees $2 billion asset plunge

The drop between November and February comes despite an increasingly favourable climate for global macro hedge funds

Alan Howard, co-founder and partner of Brevan Howard
Alan Howard, co-founder and partner of Brevan Howard Photo: Corbis

Brevan Howard's main fund has suffered a $2 billion fall in assets in a matter of months despite an improvement in the investment climate for global macro hedge funds.

Once the largest hedge fund in Europe, the Brevan Howard Master Fund had assets of $18 billion in February, the latest date for which data is available, according to industry data reviewed by Financial News.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump