Brevan Howard Growing In Geneva

Nov 22 2010 | 9:36am ET

Brevan Howard Asset Management has pledged to remain a London hedge fund, but is also showing a big commitment to its new Swiss office.

Europe's largest hedge fund will see its Geneva-based staff more than double in number over the next eight months, Bloomberg News reports. The firm, which manages more than US$30 billion, is also moving into larger quarters in the city to accommodate its larger numbers.

Brevan Howard will likely have 65 employees in Geneva by the middle of next year, up from 30 currently. Among them is firm founder Alan Howard, who has moved to Switzerland to escape higher taxes in the U.K. While the firm has said it has no plans to relocate its headquarters from London, the new office will reportedly have room for up to 100 people, and the hedge fund is allowing its employees the option of moving to Geneva.

To prepare for that influx, Brevan is moving its office in the city—opened earlier this year—across the River Rhone. The hedge fund will occupy four floors on the Rue d'Italie, in a building that also houses Schroders' Swiss private bank. The floors are currently rented by Barclays.

Brevan Howard's current Geneva digs are north of the river, near the city's main train station.


In Depth

Q&A: Neil Azous Talks Global Macro Investing

Nov 24 2014 | 12:41pm ET

Neil Azous is the founder and managing member of Rareview Macro, an advisory firm...

Lifestyle

Griffin Selling Chicago Apartment

Nov 26 2014 | 11:40am ET

Citadel Investment Group’s Kenneth Griffin is making clear to his estranged wife...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.