Wednesday, 29 July 2015
Last updated 13 hours ago
Sep 7 2012 | 10:53am ET
Brevan Howard Asset Management continues to struggle to dig itself out of the red.
The firm's listed BH Macro fund, which invests in Brevan Howard's US$26 billion flagship hedge fund, rose 0.79% in August. That's better than the average hedge fund last month, according to industry indices, but still leaves the huge fund down 0.45% on the year, Institutional Investor reports.
BH Macro and Brevan Howard Master managed a 2.3% return in July. The fund fell 3.74% in the first half due to a dismal second quarter.
Brevan Howard Master rose 12.15% last year.
May 27 2015 | 2:15pm ET
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