(Bloomberg) Brevan Howard Asset Management’s flagship hedge fund is on course for one of its best monthly returns, a reprieve for the money manager facing an investor exodus. The Brevan Howard Master Fund gained 4.45 percent this month through May 25, boosting year-to-date returns to 5.69 percent, according to a letter to investors seen by Bloomberg News. That puts the fund on track for its best month since November 2016. A spokesman for the Jersey-based investment firm run by billionaire Alan Howard declined to comment.
Brevan Howard’s Main Hedge Fund Posts Gains of 4.45% in May
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