Brevan Howard Chief, Now Swiss Resident, Richest British Hedge Funder

Apr 27 2012 | 4:49am ET

Brevan Howard Asset Management founder Alan Howard is the richest hedge fund manager in the U.K.—even if he doesn't live there any more.

Howard's personal fortune rose 44% last year to £1.4 billion, pushing him past one of last year's top-finishers among hedgies on The Sunday Times' "Rich List," Sail Advisors' Robert Miller. Miller took second on this year's list of the richest hedge fund managers in Britain with a £955 million fortune.

Nathaniel Rothschild, who tied Miller last year, was absent from this year's top 20 hedge fund managers list, something of an appetizer before Sunday's release of the full 1,000-strong list of Britain's wealthiest people.

Miller's predecessor as Britain's richest hedge fund manager, Moore Capital Management's Louis Bacon, was booted from the list last year because he is spending more time in his native United States. Howard and BlueCrest Capital Management's Michael Platt, British citizens both, were spared that indignity despite the fact that both now call Switzerland home.

Platt is the fourth-richest hedge fund manager on the list with £650 million, just behind Winton Capital's David Harding with £800 million—almost twice his fortune last year.

CQS founder Michael Hintze rounded out the top five richest hedgies in the U.K. with a  fortune of £580 million.

20 Richest Hedge Fund Managers in Britain

hedge fund manager firm 2012 net worth 2011
Alan Howard Brevan Howard Asset Management £1.4 billion £975 million
Robert Miller Sail Advisors £955 million £1 billion
David Harding Winton Capital £800 million £410 million
Michael Platt BlueCrest Capital Management £650 million £525 million
Michael Hintze CQS £580 million £550 million
Crispin Odey Odey Asset Management £455 million £453 million
John Beckwith Rivercrest Capital £350 million £350 million
Stephen Butt Silchester Partners £340 million £325 million
Paul Marshall Marshall Wace Asset Management £315 million £300 million
Ian Wace Marshall Wace Asset Management £315 million £300 million
Steven Heinz Lansdowne Partners £270 million £270 million
Paul Ruddock Lansdowne Partners £270 million £270 million
Andrew Hall Astenbeck Capital £260 million £250 million
Greg Coffey Moore Capital Management £260 million £252 million
Martin Hughes Toscafund Asset Management £250 million £226 million
Chris Levett Clive Capital £250 million no estimate
William Arah Marathon Asset Management £230 million £193 million
Jeremy Hosking Marathon Asset Management £230 million £193 million
Neil Ostrer Marathon Asset Management £230 million £193 million
Chris Rokos Brevan Howard Asset Management £230 million £130 million

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…