{"id":51897,"date":"2016-03-18T09:13:40","date_gmt":"2016-03-18T13:13:40","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=51897"},"modified":"2016-03-18T09:13:40","modified_gmt":"2016-03-18T13:13:40","slug":"brevan-howard-said-to-cede-management-of-450-million-hedge-fund","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/03\/2016\/brevan-howard-said-to-cede-management-of-450-million-hedge-fund.html","title":{"rendered":"Brevan Howard Said to Cede Management of $450 Million Hedge Fund"},"content":{"rendered":"

(Bloomberg) Brevan Howard Asset Management is giving full control of a systematic trading hedge fund to David Gorton as billionaire Alan Howard focuses on macro strategies, according to a person with knowledge of the matter. Gorton\u2019s London Diversified Fund Management will take over the $450 million money pool from April 1, said the person, asking not to be identified because the plan is private. The fund is currently managed by a joint venture between Brevan Howard and Gorton. Brevan Howard will have a stake in Gorton\u2019s firm and Gorton will continue to manage some money for the company as part of the agreement, the person said.<\/p>\n

To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

(Bloomberg) Brevan Howard Asset Management is giving full control of a systematic trading hedge fund to David Gorton as billionaire Alan Howard focuses on macro strategies, according to a person with knowledge of the matter. Gorton\u2019s London Diversified Fund Management […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51897","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/51897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=51897"}],"version-history":[{"count":1,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/51897\/revisions"}],"predecessor-version":[{"id":51898,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/51897\/revisions\/51898"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=51897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=51897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=51897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}