(Bloomberg) Brevan Howard Asset Management’s main hedge fund, which has been bleeding assets, extended losses for the year with a 0.9 percent decline in September, according to two people with knowledge of the matter.
The Brevan Howard Master Fund, which oversaw $14.2 billion as of August, is down 3.4 percent in 2016, said the people, who asked not to be identified because the information is private. The fund fell almost 2 percent in 2015 and 0.8 percent in 2014 — when it had almost twice the assets — according to investor reports. A spokesman for the London-based firm declined to comment.
