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== History ==
== History ==
Brevan Howard was co-founded by [[Alan Howard (hedge fund manager)|Alan Howard]].<ref name=HFMWeekGriffiths>{{cite news|last=Griffiths|first=Tony|title=The HFMWeek 50 most influential people in hedge funds|url=http://www.hfmweek.com/features/593652/the-hfmweek-50-most-influential-people-in-hedge-funds.thtml|accessdate=5 August 2011|newspaper= HFMWeek |date=6 October 2010}}</ref>{{dead link|date=September 2013}} and [[Jean-Philippe Blochet]] in 2002.<ref name=":0">{{Cite news|title = Europe 50|date = July 2012|author = Bill McIntosh|url = http://www.thehedgefundjournal.com/sites/default/files/hfj-europe50-2012.pdf|work = The Hedge Fund Journal}}</ref> with Blochet leaving the firm in November 2009.<ref>[http://dealbook.blogs.nytimes.com/2009/11/16/brevan-howard-co-founder-to-leave-firm/ "Co-Founder of Brevan Howard to Leave Firm," The New York Times Dealbook]</ref> The group's master fund returned 20.4 percent in 2008 and 18 percent in 2009, according to the Financial Times.<ref>[http://www.ft.com/cms/s/0/71b397f0-00ad-11df-ae8d-00144feabdc0.html "Brevan seeks to build on success," Financial Times]</ref> In 2011, it was ranked number five in Institutional Investor's Hedge Fund 100 ranking.<ref name=2011HedgeFund100>{{cite news|title=The 2011 Hedge Fund 100 Ranking|url=http://www.institutionalinvestor.com/Research/3196/Hedge-Fund-100-Ranking.html|newspaper=Institutional Investor, Inc.|date=12 May 2011}}</ref>
Brevan Howard was co-founded by [[Alan Howard (hedge fund manager)|Alan Howard]]<ref name=HFMWeekGriffiths>{{cite news|last=Griffiths|first=Tony|title=The HFMWeek 50 most influential people in hedge funds|url=http://www.hfmweek.com/features/593652/the-hfmweek-50-most-influential-people-in-hedge-funds.thtml|accessdate=5 August 2011|newspaper= HFMWeek |date=6 October 2010}}</ref>{{dead link|date=September 2013}} and [[Jean-Philippe Blochet]] in 2002.<ref name=":0">{{Cite news|title = Europe 50|date = July 2012|author = Bill McIntosh|url = http://www.thehedgefundjournal.com/sites/default/files/hfj-europe50-2012.pdf|work = The Hedge Fund Journal}}</ref> with Blochet leaving the firm in November 2009.<ref>[http://dealbook.blogs.nytimes.com/2009/11/16/brevan-howard-co-founder-to-leave-firm/ "Co-Founder of Brevan Howard to Leave Firm," The New York Times Dealbook]</ref> In 2011, the Financial Times]] reported that co-founder and chief operating officer (CEO) James Vernon would be leaving the company.<ref name=FTJones>{{cite news|last=Jones |first=Sam |title=Brevan Howard co-founder to leave firm |url= |accessdate=3 August 2011 |newspaper=Financial Times |date=25 July 2011}}</ref>

In 2011, co-founder and chief operating officer James Vernon was reported to be planning to no longer work at the company.<ref name=FTJones>{{cite news|last=Jones |first=Sam |title=Brevan Howard co-founder to leave firm |url= |accessdate=3 August 2011 |newspaper=Financial Times |date=25 July 2011}}</ref>


In February 2013 Forbes listed Brevan Howard as one of the 40 Highest-Earning hedge fund managers.<ref>{{Citation |url= http://www.forbes.com/lists/2013/hedge-fund-managers-13_land.html |title=The 40 Highest-Earning Hedge Fund Managers & Traders 2013 |date=Feb 26, 2013 |magazine=[[Forbes]] |last=Vardi |first=Nathan }}</ref>
In February 2013 Forbes listed Brevan Howard as one of the 40 Highest-Earning hedge fund managers.<ref>{{Citation |url= http://www.forbes.com/lists/2013/hedge-fund-managers-13_land.html |title=The 40 Highest-Earning Hedge Fund Managers & Traders 2013 |date=Feb 26, 2013 |magazine=[[Forbes]] |last=Vardi |first=Nathan }}</ref>


Howard also invests in Israel, and has 15 traders in an office in [[Ramat Gan]] executing a range of strategies, notably in currencies and bonds. Alan Howard's investments include ETFs tracking emerging markets, gold, energy and shares in Bank of America and Citigroup.<ref>{{cite web|author=Eytan Avriel|title=The way the big boys bet|date=February 22, 2010|url=http://www.haaretz.com/print-edition/business/the-way-the-big-boys-bet-1.266080|work=[[Haaretz]]}}</ref>
Howard also invests in Israel, and has 15 traders in an office in [[Ramat Gan]] executing a range of strategies, notably in currencies and bonds. Alan Howard's investments include ETFs tracking emerging markets, gold, energy and shares in Bank of America and Citigroup.<ref>{{cite web|author=Eytan Avriel|title=The way the big boys bet|date=February 22, 2010|url=http://www.haaretz.com/print-edition/business/the-way-the-big-boys-bet-1.266080|work=[[Haaretz]]}}</ref>


==See also==
==See also==

Revision as of 18:02, 20 September 2013

Brevan Howard
Company typePrivate
IndustryInvestment Management
Founded2002 (2002)
Headquarters
Geneva[1]
Websitebrevanhoward.com

Brevan Howard is a European hedge fund manager "based in Geneva"[1] with its funds domiciled in the Caymen islands.[2] The fund, co-founded by Alan Howard and Jean-Philippe Blochet in 2002,[3] had $40 billion in assets under management as of March 2013[4] and is reported to be the the largest "macro hedge fund" in the world.[1]

Description

Brevan Howard is a global company that employs 60 portfolio managers and manages 11 funds.[5]

History

Brevan Howard was co-founded by Alan Howard[2][dead link] and Jean-Philippe Blochet in 2002.[3] with Blochet leaving the firm in November 2009.[6] In 2011, the Financial Times]] reported that co-founder and chief operating officer (CEO) James Vernon would be leaving the company.[7]

In February 2013 Forbes listed Brevan Howard as one of the 40 Highest-Earning hedge fund managers.[8]

Howard also invests in Israel, and has 15 traders in an office in Ramat Gan executing a range of strategies, notably in currencies and bonds. Alan Howard's investments include ETFs tracking emerging markets, gold, energy and shares in Bank of America and Citigroup.[9]

See also

References

  1. ^ a b c Jones, Sam (16 July 2013). "Return of the blueblood macro hedge funds". Financial Times. Retrieved 20 September 2013.
  2. ^ a b Griffiths, Tony (6 October 2010). "The HFMWeek 50 most influential people in hedge funds". HFMWeek. Retrieved 5 August 2011.
  3. ^ a b Bill McIntosh (July 2012). "Europe 50" (PDF). The Hedge Fund Journal.
  4. ^ Laurence Fletcher (March 19th 2013). "Faith in policymakers may be "serious error": Brevan Howard". Reuters. {{cite news}}: Check date values in: |date= (help)
  5. ^ "Alan Howard: Hard work pays off for 'the Stakhanov of finance". Financial News. 02 Apr 2013. {{cite news}}: Check date values in: |date= (help)
  6. ^ "Co-Founder of Brevan Howard to Leave Firm," The New York Times Dealbook
  7. ^ Jones, Sam (25 July 2011). "Brevan Howard co-founder to leave firm". Financial Times. {{cite news}}: |access-date= requires |url= (help)
  8. ^ Vardi, Nathan (26 February 2013), "The 40 Highest-Earning Hedge Fund Managers & Traders 2013", Forbes
  9. ^ Eytan Avriel (22 February 2010). "The way the big boys bet". Haaretz.