(Bloomberg) Brevan Howard Asset Management LLP’s main hedge fund suffered its fourth straight monthly loss in June, slumping 1.5 percent, according to an investor letter seen by Bloomberg News. The decline pushed the macro hedge fund down 5.2 percent this year through June, its worst loss for a first half since it began trading in 2003, the letter showed. By comparison, hedge funds following economic trends to bet across asset classes were flat, according to preliminary data from Eurekahedge.
Brevan Howard Flagship Hedge Fund Has Worst First-Half Loss
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