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Brevan Howard's Hedge Fund Had $1 Billion Outflows in April

by bloomberg.com posted 1year ago 326 views
Brevan Howard Asset Management’s flagship hedge fund suffered about $1 billion in outflows in April as investors continued to pull money, according to a Bloomberg News calculation based on the fund’s letters to investors. Assets managed by Brevan Howard Master Fund, which lost 0.7 percent last month, dropped to $8.7 billion at the end of April, from almost $10 billion a month ago, the letters show. The calculation doesn’t take into account currency fluctuations.

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