Brevan Howard Partner Pay Doubles

Jan 3 2013 | 12:17pm 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.


In Depth

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Cash: An Asset In Adolescence

Aug 31 2017 | 3:34pm ET

If the investment industry has a rebellious teenager in the house today, that teenager...

 

From the current issue of