Sunday, 30 August 2015
Last updated 1 day ago
Jan 3 2013 | 11:17am ET
Brevan Howard Asset Management's band of partners took in more than twice as much in 2011 as they had a year earlier.
The London-based hedge fund giant paid its 49 members £269.8 million in the year ended March 2012. The US$39 billion firm earned 12% on its flagship hedge fund in 2011.
Brevan Howard's highest-paid partner, presumably founder Alan Howard, took home £78.9 million of the kitty, according to a regulatory filing. The firm's highest-paid partner earned £64.8 million in the year ended March 2011.
Howard moved to Switzerland in 2010 to avoid British taxes.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…