Brevan Howard’s June Gains Do Little to Stem YTD Losses

The BH Macro fund, which invests substantially all of its assets in the $40 billion London-based firm’s flagship fund, is in danger of posting its first-ever annual loss.

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The BH Macro fund, managed by London-based hedge fund firm Brevan Howard Asset Management, gained about 1 percent in the first two weeks of June alone. But the fund, which invests substantially all of its assets in the Brevan Howard Master Fund, is still down by 2.82

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