Divisible profits available to the 39 partners of Europe's largest hedge fund manager, Brevan Howard Asset Management, soared last year to £113.3m (€131.6m) after fee income at the London-based firm more than doubled.

According to financial statements filed at Companies House, Brevan Howard's operating profit for the year to July 31 2008 was £502.9m, which was 57% more than the £216.2m it made a year before.