Thursday, 24 July 2014
Last updated 14 hours 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.
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…