Brevan Howard Said to Profit as Macro Peers Lose on Brexit Chaos

(Bloomberg) Brevan Howard Asset Management LLP’s main hedge fund made money on Friday when Britain’s decision to leave the European Union roiled global markets, according to a person with knowledge of the matter.

The Brevan Howard Master Fund, which manages about $16 billion, gained 1 percent on June 24 and 0.45 percent last week, the person said, asking not to be identified because the information is private. A spokesman for the investment firm, run by billionaire Alan Howard, declined to comment.

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