(Bloomberg News) Billionaire hedge fund manager Alan Howard says there will be “exceptional opportunities” to make money in 2016 because of divergent monetary policies and as four years of low market volatility comes to an end.
A slowdown in global growth appears to be accelerating and if the trend continues central banks could find it increasingly difficult to support capital markets, Mr. Howard, 52, wrote in a letter to shareholders in BH Macro Ltd., a listed fund that invests in Brevan Howard Asset Management’s main macro hedge fund.