(Bloomberg) Brevan Howard Asset Management’s main hedge fund grew too large and will now be capped at $15 billion, founder Alan Howard said in an interview with the Financial Times. The fund climbed to as much as $27 billion before falling to $14.2 billion at the end of August after two years of losses. Billionaire Howard said he has no plans to shut the fund. A spokesman for Brevan Howard confirmed the contents of the interview.
Alan Howard Caps Main Hedge Fund Assets at $15 Billion, FT Says
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