{"id":56846,"date":"2017-03-01T06:36:31","date_gmt":"2017-03-01T11:36:31","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=56846"},"modified":"2017-03-01T06:36:31","modified_gmt":"2017-03-01T11:36:31","slug":"brevan-howard-listed-macro-fund-avoids-wind-down-after-48-pct-tender-take-up","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2017\/brevan-howard-listed-macro-fund-avoids-wind-down-after-48-pct-tender-take-up.html","title":{"rendered":"Brevan Howard Listed Macro Fund Avoids Wind-down After 48 Pct Tender Take-up"},"content":{"rendered":"<p>(Reuters) Brevan Howard&#8217;s London-listed hedge fund BH Macro Limited said 48 percent of investors took up an offer to exit the fund on Friday, meaning it will avoid a wind-down.<\/p>\n<p>In November, the company offered to buy back all BH Macro Limited shares at a 4 percent discount to the value of the fund&#8217;s assets unless over 66.67 percent of investors opted to redeem, which would trigger a wind-down of the portfolio.<\/p>\n<p>British billionaire Alan Howard&#8217;s hedge fund Brevan Howard Asset Management, one of Europe&#8217;s largest, has struggled with mediocre returns and investors yanking cash over the past years.<\/p>\n<p>To read this article, <a href=\"http:\/\/www.reuters.com\/article\/hedgefunds-brevan-howard-idUSKBN1661I3\">click here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Brevan Howard&#8217;s London-listed hedge fund BH Macro Limited said 48 percent of investors took up an offer to exit the fund on Friday, meaning it will avoid a wind-down. In November, the company offered to buy back all BH [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-56846","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=56846"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56846\/revisions"}],"predecessor-version":[{"id":56847,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56846\/revisions\/56847"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=56846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=56846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=56846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}