Saturday, 29 April 2017
Last updated 9 hours ago
Aug 10 2011 | 5:15am ET
Brevan Howard Asset Management was among the few winners during last week’s market rout.
The $25 billion firm’s flagship macro hedge fund added 2% to its year-to-date returns last week, the worst for the Standard & Poor’s 500 Index since the financial crisis and one in which the Euro Stoxx 50 Index fell 11%.
The Brevan Howard fund is up 7% on the year through Aug. 5, Bloomberg News reports.