Hedge Fund News From HedgeCo.Net

Brevan Howard hedge fund hit by emerging market slide

Reuters – Brevan Howard’s emerging market hedge fund, one of the world’s largest, is nursing big losses after the recent sell-off in developing market stocks, bonds and currencies, two sources who have seen the numbers said.

The $2.7 billion (1.7 billion pound) Emerging Market Strategies Fund, run by Geraldine Sundstrom, is down 11.6 percent to June 14, the sources said. This includes a 4.8 percent drop this month.

Read Completer Article


Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>