(Bloomberg) Brevan Howard Asset Management LLP’s main hedge fund made money on Friday when Britain’s decision to leave the European Union roiled global markets, according to a person with knowledge of the matter.
The Brevan Howard Master Fund, which manages about $16 billion, gained 1 percent on June 24 and 0.45 percent last week, the person said, asking not to be identified because the information is private. A spokesman for the investment firm, run by billionaire Alan Howard, declined to comment.