Brevan Howard Up 2% Last Week

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.


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Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

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