Hedge Funds

Brevan Howard rides wave of virus turmoil to outpace hedge fund rivals

Bets on fixed-income, currencies and rates paid off this year — gaining after a decade of underwhelming returns

Alan Howard
Alan Howard Photo: Alamy

Billionaire macro hedge fund manager Alan Howard continues to generate returns this year, after his fund's positions paid off well during the coronavirus market jolt.

Brevan Howard Asset Management's flagship $3.8bn Master Fund is up 24% in 2020, having gained 0.7% this month until 15 May, according to a source close to the situation.

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