Brevan Howard Overtakes Man Group As Europe’s Largest Hedge Fund

Brevan Howard is now the largest hedge fund manager in Europe, surpassing Man Group PLC  (LON:EMG) (OTCMKTS:MNGPF) which was last year’s biggest manager and is this year’s number two, with $40 billion total assets under management according to a report from The Hedge Fund Journal listing the 50 largest European hedge funds. The top five is rounded out by BlueCrest Capital Management, BlackRock, Inc. (NYSE:BLK), and Winton Capital Management. Brevan Howard’s funds under management Brevan Howard, which was founded by Alan Howard in 2002, has eleven different funds under management which also include two UCITS compliant funds. The firm’s hedge…