Wednesday, 2 September 2015
Last updated 5 hours ago
Sep 1 2009 | 12:05pm ET
Brevan Howard Asset Management is taking its global macro strategy into India.
The London-based hedge fund firm, Europe’s largest, has established a pair of funds in Mauritius to hold investments in India for its flagship hedge fund. Mauritius, a former British colony off the coast of Madagascar, is a common offshore base for investing in the subcontinent.
In a filing, Brevan said it did not expect the $15 billion Brevan Howard Master Fund’s Indian investments to be very large. It is unclear whether the firm is already investing in the country, or if the establishment of the Mauritius-based funds is a preliminary to any activity there.
May 27 2015 | 2:15pm ET
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