BusinessWeek – Brevan Howard Asset Management LLP co-founder Alan Howard’s personal fortune increased 44 percent over the past year to 1.4 billion pounds ($2.3 billion), putting him at the top of the annual Sunday Times list of wealthiest U.K. hedge fund managers.
His net worth was boosted by the 12 percent gain posted in 2011 by Brevan Howard’s biggest hedge fund, the $26 billion Master Fund. The investment performance helped London-based Brevan Howard generate $1.5 billion of fees, most of which went to Howard, 48, the Sunday Times said in a statement today.
