Sunday, 21 December 2014
Last updated 8 hours ago
Jan 11 2011 | 5:55am ET
Brevan Howard Asset Management’s top partners have split more than £200 million in pay for the year ended last March.
The firm’s 38 partners—which include, in addition to firm founder Alan Howard, Brevan Howard Services, which pays the hedge fund’s more than 350 staffers, and Swiss Re, which owns a 15% stake in the firm—divided £204 million among them. The year ended in March was a strong one for Europe’s largest hedge fund: It earned £763.3 million in fees and a £687.9 million profit.
Brevan revealed the figures in its accounts filing with British regulators.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.