BREVAN Howard Asset Management is to offer investors access to its $11.3bn (£570m) flagship hedge fund through a new listing on the London Stock Exchange.
The hedge fund firm hopes to raise $1bn (£504m) through the sale of shares in closed-ended investment company BH Macro. The money will be invested in its global macro Brevan Howard Master Fund....
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date