A merger between BH Macro and BH Global – two hedge funds that have been embroiled in a fees row with their manager Brevan Howard – is on the cards after wealth manager Investec received a positive response to its call to combine them. A merger between BH Macro (BHMG) and BH Global (BHGG) – two hedge funds that have been embroiled in a fees row with their manager, Brevan Howard – is on the cards after Investec, a leading shareholder, received a positive response to its call to combine them.