Brevan Howard Plans Launch Of New Listed Hedge Fund

CNN Money- Brevan Howard Asset Management LLP said Wednesday it is considering the launch of a new hedge fund, BH Global Limited, which will be listed on the London Stock Exchange.

BH Global "will provide investors with exposure to a wide range of funds managed by Brevan Howard," the asset manager said.

Brevan Howard is one of Europe’s largest hedge fund groups and has been steadily adding new funds over the past two years in an effort to boost assets and diversify its revenue streams.

In 2006, it launched a stock fund that now has $1.8 billion in assets and an Asian macro fund managing $2 billion.

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