Brevan Howard Hedge Fund Said to Lose 2% in March, Erasing Gains

(Bloomberg) Brevan Howard Asset Management’s main hedge fund lost 2 percent in March, erasing earlier gains this year, according to two people with knowledge of the matter.

The Brevan Howard Master Fund, which bets on economic trends, ended the first quarter of the year down 0.97 percent, said the people who asked not to be named because the information is private. A spokesman for the investment firm in London declined to comment.

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