Brevan Howard Capital Management LP has started an investment fund run by a team of former Deutsche Bank AG market strategists in New York, as Europe’s second- biggest hedge-fund firm expands its presence in the U.S.
Two Brevan Howard Asset Management LLP credit traders left in recent weeks, as the firm scales back after its biggest hedge fund had the worst monthly loss since 2008 in June, two people with knowledge of the matter said.
Hugh Hendry is a man worried about the future. Although the hedge-fund manager beat more than 80 percent of his peer group rivals in 2010, Hendry laments that he’s part of an oppressed minority -- and likens the threat of hedge-fund regulation to the plight of the Roma migrants expelled from France last summer by President Nicolas Sarkozy .
Brevan Howard Asset Management LLP, the hedge fund run by Alan Howard, may return about $2 billion to investors in the firm’s biggest fund to avoid growing so large that its performance suffers, said four people familiar with the matter.
Brevan Howard Asset Management LLP, the hedge fund run by Alan Howard, will return about $2 billion to investors in the firm’s biggest fund, keeping a promise to clients to limit the size of the $26.9 billion pool.
Daniel Och , founder of $25 billion hedge fund firm Och-Ziff Capital Management Group LLC , looks out from the podium over the crowd of investors and money managers nibbling on chicken salad at Manhattan’s St. Regis hotel and repeats a quip from investor Warren Buffett .