Brevan Howard Gains In Commodities, Loses in EMs In July

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HFA Staff
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Brevan Howard

Brevan Howard, Europe’s largest hedge fund, has suffered thorugh a rough year. According to the latest monthly shareholder report (a copy of which was obtained by ValueWalk), its larger funds have continued to lose in July. BH Global Ltd, a feeder fund, saw a  decline of -0.14 percent in NAV, now losing for the third straight month. NAV is up 0.99 percent for the year. Take a look at Brevan Howard’s mid-year shareholder letter. Brevan Howard Master Fund down for July Brevan Howard Master Fund, which has $27.2 billion in assets under management was down -1.02 percent in July, trimming…

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