Bloomberg – 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.
Investors in the Brevan Howard Master Fund have told the London-based firm they want assets to remain at about $25 billion to ensure it continues to produce good returns, Brevan Howard Chief Executive Officer Nagi Kawkabani said in an interview today. Assets rose after the hedge fund posted investment gains of 11 percent this year through August.
