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Camden council is the second-largest investor in Brevan's multi-strategy fund, which has shrunk to £700m

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Brevan Howard is set to lose the second-largest investor in its multi-strategy fund, amid a slew of redemptions that have seen assets drop by £1bn in two years.

The London Borough of Camden’s £1.5bn pension fund has been an investor with Brevan Howard since late 2012, but is set to pull its £56m in assets from the macro hedge fund manager following four years of underperformance.

London pension quits as principal investor in Brevan Howard fund

Mark Cobley

Plans/Strategy

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FCV7kWsft6zgQwS60fkd4iZD2YLkwVnVRK0FHnLQIN01zum9ApRi7QZPzgbJr1auLpktFeA9ZBhd/84jvaq+uVZSMsqPu7NLcdVh1gNazWw2TnDU/ZNVKamd6vALBmGghZOLi3IYjipl1a3QtUkTdC2R1jqYjF60HhFfh8O5ZYdunjokObHVdt713N2RogG2R1FF

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