Brevan Howard EM Fund Slides 5 Percent In June

The sell off in emerging markets has taken its toll on the Brevan Howard Emerging Market Fund. The world’s largest EM focused fund was not having a great year anyway, and the added volatility in June beat what was left of the $2.6 billion fund. In Tommy Wikes’ report for Reuters, the BH Emerging Markets Strategies Master Fund declined 4.8 percent for this month, taking the year to date performance to an abysmal -11.6 percent, as of June 14. Brevan Howard Emerging Market Accounted for 9.1% NAV The fund, also called BHEMS, accounts for 9.1 percent NAV of the Brevan…