Thursday, 31 July 2014
Last updated 17 min 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…